According to the All Pakistan Gems and Jewellers Association, the price of gold per tola in the country increased by Rs600, reaching an all-time high of Rs318,600.

Similarly, the price of 10 grams of gold rose by Rs515, bringing it to Rs273,148.

On the global front, the international bullion market saw a $5 per ounce increase, pushing the gold price to $3,027 per ounce.

Also, read this

Gold rates drops in local, intl markets

Gold prices take a sharp dip in Pakistan after four-day surge

Gold prices in Pakistan hit all-time high on rising demand and inflation fears

Market analysts attribute this rise to fluctuations in global demand and economic uncertainties, which continue to impact gold rates worldwide.