Gold extends rally, jumps Rs6,100/tola

Gold prices in Pakistan extended the sharp upward trend on Tuesday, mirroring a global rally driven by renewed buying from China and market concerns over possible US tariffs on pharmaceutical imports, while investors await direction from the US Federal Reserve's upcoming policy decision. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola increased by Rs6,100, reaching Rs356,100 in the local market. Similarly, the price for 10 grams rose by Rs5,232 to Rs305,300. This follows a gain of Rs7,800 per tola on Monday, when prices had climbed to Rs350,000.