Gold Prices Surge as Tariff Turmoil Intensifies

The price of 24 karat per tola gold increased by Rs. 3,000 and was traded at Rs. 321,000 on Wednesday as compared to its sale at Rs. 318,000 on previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported. The prices of 10 grams of 24 karat also increased by Rs. 2,572 to Rs. 275,205 from Rs. 272,633 whereas the prices of 10-gram 22 karat gold also went up by Rs. 2,358 to Rs. 252,280 from Rs. 249,922 respectively. The prices of per tola and ten-gram silver remained unchanged at Rs. 3,170 and Rs. 2,717 respectively. The price of gold in the international market increased by $30 to $3,040 from $3,010 whereas that of silver remained constant at $30.30, the Association reported.