Gold prices in Pakistan witnessed a significant spike on Wednesday as the rate surged by Rs4,250 per tola, reaching a record Rs287,450, according to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).
Similarly, the price of 10-gram gold increased by Rs3,642, settling at Rs246,440. This comes after a modest rise of Rs300 per tola on Tuesday, which had brought the price to Rs283,200.
Globally, gold prices also climbed, with the international rate reaching $2,751 per ounce, including a $20 premium, reflecting a $40 increase during the day.
Silver prices in Pakistan followed suit, rising by Rs59.4 per tola to Rs3,431.
This upward trend in precious metals highlights market volatility driven by global and domestic factors.
