The price of gold per tola has risen by Rs1,000.

With this latest hike, gold prices have reached all-time highs in both global and local markets.

On Thursday, the price of 24-karat gold per tola in local markets increased by Rs1,000, bringing the new rate to Rs 309,000.

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Similarly, the price of 10 grams of gold in Pakistan surged by Rs 857, reaching Rs 264,917.

In the international bullion market, the price of gold per ounce increased by $9, setting a new record at $2,953.