Gold prices in Pakistan soar to record high

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In the domestic market, the price of gold per tola increased by Rs900 to Rs281,800, which is the latest record high in Pakistan.

Similarly, 10-gram gold was sold at Rs241,598 after it recorded an increase of Rs772, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Globally, the rate was set at $2,721 per ounce after increasing $9 during the day.

Silver prices gained Rs50 to settle at Rs3,150 per tola.

On Friday, gold price had increased by Rs3,000 to settle at a then-record high level of Rs280,900.

Experts have attributed the ongoing rally in gold prices to escalating tensions in the Middle East.

 


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