For the first time in its history, Pakistan’s price of 10 grams of gold has exceeded Rs. 200,000, setting new records for both the 10-gram and per-tola gold prices.
Speculation is mounting that the per tola price could climb as high as Rs. 300,000. This milestone was reached after this business week, marking an unprecedented peak in gold prices within the nation.
On Saturday, both measurements of gold per 10 grams and tola recorded their highest values ever in Pakistan. This surge aligns with a global increase in gold prices. In the international market, gold prices per ounce rose substantially, increasing by $20 to settle at $2,512.
Read: Gold Prices Surge in Pakistan, Reflecting Global Market Trends
Mirroring this trend, the local bullion markets witnessed significant increases; the price of 24-carat gold per tola escalated by Rs. 1,700 to Rs. 263,700, and the price for 10 grams of gold climbed by Rs. 1,457 to Rs. 226,080.