Gold prices soared to a record all-time high in Pakistan on Friday in line with their increase in the international rates. In the local market, gold price per tola reached Rs314,000 after a single-day rise of Rs4,700.
The growing volume of global purchases is driving local gold prices to new records, as the price of gold in the international bullion market surged by $46 per ounce after an 18-day pause, reaching $2,988 (Rs 2,988).
Similarly, local gold prices also reached historic highs on Friday. The price of 24-carat gold per tola increased by Rs 4,700, reaching Rs 314,000.
Meanwhile, the price of gold per 10 grams also saw a significant rise, increasing by Rs 4,030, reaching Rs 269,204.
Additionally, silver prices also saw a notable increase, with the price of one tola of silver rising by Rs 90 to Rs 3,530, while the price for 10 grams of silver increased by Rs 77, settling at Rs 3,026.
It is important to note that just the previous day, global gold prices increased by $27 per ounce, and local prices rose by Rs 2,800 per tola, pushing gold to its highest price ever.
