The gold prices in Pakistan continued to rise, reflecting an increase in international rates.

In the local market, the price for one tola of gold jumped by Rs1,500, reaching a record high of Rs277,000.

The price for 10 grams of gold also saw a significant increase, selling for Rs237,482 after rising by Rs1,285, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Internationally, gold prices climbed as well, with the rate reaching $2,665 per ounce (including a $20 premium), marking an increase of $12 for the day.

Silver prices remained unchanged at Rs3,050 per tola.

Market analysts attribute the surge in gold prices to various global factors, including rising geopolitical tensions in the Middle East, anticipated cuts in Federal Reserve interest rates, and increased demand from major markets such as China and India.

This follows a previous rise of Rs2,500 on Wednesday when gold was priced at Rs275,500 per tola.

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Gold prices drop in national, international markets

Gold prices rise in national and international markets

Gold prices increase across Pakistan