Pakistan Gold Price Hits Record High Amid Global Market Volatility
The gold price in Pakistan has surged to Rs430,000 per tola due to ongoing global market fluctuations. The latest increase of Rs300 per tola brings the price of 24-karat gold to a record high. According to Saraffa market data, 22-karat gold is now trading at Rs394,717 per tola, while 21-karat gold has climbed to Rs376,775 per tola.
Silver prices have also risen, with the price of 10 grams reaching Rs6,450. The upward trend in gold and silver prices is attributed to international market volatility, geopolitical uncertainty, movements in the Pakistani rupee against the US dollar, and changing local market dynamics.