Gold prices in Pakistan continued their upward trend for the second consecutive day, driven by global market fluctuations and economic uncertainty.

According to reports, the international bullion market saw a $1 increase in the price of gold per ounce, pushing it to a record high of $2,904.

This surge is reflected in local sarafa markets, where 24-karat gold per tola rose by Rs100, reaching an all-time high of Rs303,100.

Similarly, the price of 10 grams of gold increased by Rs86, reaching Rs259,859.

Meanwhile, silver prices moved in the opposite direction. Per tola silver dropped by Rs61, settling at Rs3,312, while the price of 10 grams silver declined by Rs52 to Rs2,839.

The rising gold prices indicate continued uncertainty in global financial markets, making precious metals a preferred safe-haven investment.