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Tuesday, November 12, 2024  
09 Jumada Al-Awwal 1446  

Gold prices hit new record high in Pakistan

The prices rose massively in the international market as well

Gold prices in Pakistan continued their upward trajectory on Wednesday, reaching a new record high, mirroring the global trend. The local market saw a significant jump of Rs2,300 per tola, bringing the price to Rs264,000.

Similarly, 10-gram gold saw an increase of Rs1,972, closing at Rs226,337, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This surge follows Tuesday’s increase of Rs1,300, where the price settled at Rs261,700.

The international gold rate also climbed on Wednesday, reaching $2,524 per ounce (with a premium of $20), marking an increase of $23 for the day.

Silver prices, however, remained stable at Rs2,900 per tola.

This latest surge surpasses the previous record high of Rs263,700 per tola, which was achieved last month.

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