Gold prices hit new record high
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of per tola gold rose by Rs5,900 in a single day, reaching a record Rs363,700.The price of 10 grams of gold also increased by Rs5,059, settling at Rs311,814.This follows Monday’s sharp rise of Rs8,100 per tola, which had pushed gold prices to Rs357,800 — a then-record level.In the international market, gold prices also climbed to a new high. As per APGJSA, the global rate reached $3,454 per ounce (including a $20 premium), marking a $59 increase during the day.In contrast, silver prices in the local market remained unchanged at Rs3,441 per tola.Meanwhile, Spot gold was up about 1% at $3,457.12 an ounce by 1025 GMT, after earlier rising as far as $3,500.05. US gold futures gained 1.3% to $3,469.50.Spot silver was steady at $32.68 an ounce, platinum gained 1% to $971.40, and palladium jumped 1.8% to $944.27. SuchTV, 22 Apr, 2025
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