KARACHI: Gold prices shot up on Wednesday after the sudden and big gains jolted the global bullion market sending ripples across the world, traders said.
They soared by Rs13,900 to settle at Rs426,036 per tola with Rs11,917 to Rs365,257 per 10 grams, All Pakistan Sarafa Gems and Jewellers Association said.
International market spurred the gold bullion value, rising by USD139, closing at USD4,035 per ounce while silver prices grew by USD3 to sell USD52 per ounce, it added.
Follow suit, local silver prices jumped by Rs295 and Rs253, reaching Rs5,663 per tola and Rs4,855 per 10 grams, respectively, accordingly to the association.
Open market may trade gold and silver at different prices as compared to those set by the association as per the interbank exchange rates.
Copyright Business Recorder, 2026
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