Gold prices surged to record highs in both international and domestic markets on Thursday, driven by continued investor interest and global economic uncertainty.
According to market reports, the international bullion rate rose by $31 per ounce, taking the price to $3,052, its highest level to date.
In response, gold prices in Pakistan also witnessed a sharp rise. The price of 24-karat gold per tola increased by Rs3,200, reaching an all-time high of Rs321,000.
Meanwhile, the rate for 10 grams of gold rose by Rs2,743, hitting Rs275,205.
Bullion traders attributed the surge to strong demand, inflation concerns, and currency fluctuations. The local market continues to mirror global trends, with buyers seeking gold as a safe-haven asset.
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