Gold Prices Reach Record Highs in Markets

APP

Islamabad: Gold prices surged once again, hitting historic highs in both international and domestic markets.

In Pakistan, the price of one tola of gold increased by Rs3,200, reaching an all-time high of Rs321,000. Similarly, the price of 10 grams rose by Rs2,743, settling at Rs275,205.

According to the Karachi Sarafa Association, this sharp increase aligns with trends in the global market, where gold prices surged by $31 per ounce, reaching an unprecedented $3,052 per ounce.

Market analysts attribute the soaring prices to global economic factors, raising concerns among investors and consumers alike.