Gold Prices

Pakistan is a net importer of gold, hence, a rise in international markets translates into an increase in prices in the domestic market.

All Sindh Saraf Jewellers Association (ASSJA) determines gold prices in Pakistan for local markets six days a week from Monday to Saturday. Apart from changes in international price, the rupee-dollar parity also impact local pricing.

In the wake of the havoc wreaked by the Covid-19 pandemic, many investors flocked to the safe haven asset which pushed gold prices to near a decade high in the world markets.