According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold jumped by Rs1,900 per tola to reach a record Rs442,800.

Similarly, the price of 10 grams of 24-karat gold rose by Rs1,629, hitting Rs379,629 for the first time.

In the international market, gold prices climbed by $19 per ounce, pushing the price of 24-karat gold to $4,217.

Meanwhile, silver prices remained unchanged in the local market, with per tola silver steady at Rs5,337 and 10 grams at Rs4,575.

In the global market, silver prices also held firm at $52.50 per ounce.