Gold more expensive in the country, the new price reached the highest level in history

Gold more expensive across the country, by adding more, the new price has reached the highest level in history, the new price of gold per tola has increased by Rs 5500 to Rs 4 lakh 28 thousand 200. According to the details, the All Sindh Sarafra Gems and Jewellers Association reported that on the first day of the business week, the price of gold increased significantly, taking the price of gold per tola to a new high in history. According to the All Sindh Sarafra Gems and Jewellers Association, today the price of 24 carat gold in the country has registered a big increase of 5 thousand 500 rupees, which has brought the price of gold per towel to 4 lakh 28 thousand 200 rupees. According to the All Sindh Sarafra Gems and Jewellers Association, the price of 10 grams of gold also increased by Rs 4,715, taking the new price to Rs 3.67 lakh 112, which was Rs 3.62 lakh 397 on the last day of the last business week. The value of gold in the global market recorded an increase of $55, after which the price of gold per ounce has reached $4 thousand 71. Also read : Gold prices in the country hit Rs 4 lakh per towala
Similarly, the price of 10 grams of silver increased by Rs 147 to the new price of Rs 4,498 while the price of silver per ounce in the global market has come down to $51.60. The reasons for this surge in gold prices include weakness of the US dollar, purchases by central banks globally, political uncertainty, and partial government shutdown in the US. Experts also see the freezing of Moscow's assets after the Russian attacks on Ukraine as one of the reasons for the rise in gold prices in the global market. The United States ranks first in the world in terms of gold reserves, while China holds this honor in Asia, India ranks eighth globally and second in Asia, Pakistan is 49th in the world list. According to the report, the United States, Germany and Italy are the top gold reserves, China and India have the highest gold reserves in Asia. According to the World Gold Council, central banks in different countries purchased more than 1,000 metric tons of gold in 2024, nearly double the average annual purchases of the previous decade.