Gold prices in Pakistan reached an all-time high on Wednesday, continuing a sharp upward trend for the second straight day, as per figures shared by the All Pakistan Sarafa Gems and Jewellers Association.
The price of 24-karat gold jumped by Rs8,600 per tola, setting a new record at Rs348,000, while the cost of 10 grams also surged by Rs7,373, reaching Rs298,353.
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This rise mirrors global market movement, where gold prices soared by $46, bringing the international rate to $3,310 per ounce.
Just a day earlier, both local and global gold prices were on the rise as well. In the international market, gold gained $6, touching $3,224 per ounce, and in Pakistan, the price of 10 grams went up by Rs514, settling at Rs290,980.
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