Gold prices in Pakistan on Wednesday June, 26
Gold price reached Rs. 356,000 and silver price is at Rs.3,850
Gold prices in Pakistan raises significantly according to global market trends. According to All Pakistan Gems and Jewlers Sarafa Association (APGJSA), rate of gold increases Rs.1,335 and reached to Rs.356,000.
10 gram gold price also increased Rs.1,144 to Rs.305,212. This price increases after Rs.300 increase on Wednesday, which shows continuous increase of rates in Pakistan.
According to APGJSA data, there was a rise in international rates due to which gold price also inceases on global level. Gold reached $3,340 per ounce after an increase of $13 dollar price.
Along with gold, silver price also increased significantly. Silver rate increased Rs.86 and reached Rs. 3,850.
According to experts, there is an increase in price of precious metals because of unpredictable global situation and growing demands of safe assets
There was a minor increase in the price of gold on Wednesday and other prices decreased when Iran-Israel war stress reduced and also decrease in demand of safe assets. However, there was an increasing trend in the price of gold on Thursday.
Here, rupee remained stron in market in camarison to dollar, however government stored more than 466 billion ruppees in treasury bills and bonds.
