In the international market, gold increased by $61 per ounce, hitting an all-time high of $3,613 per ounce. Following this global trend, local markets also saw a significant rise. In Karachi’s Sarafa Bazaar, the price of 24-carat gold per tola surged by Rs6,100 to a historic Rs384,000.
Similarly, the price for 10 grams of gold rose by Rs5,230, reaching a new high of Rs329,219. Spot gold was trading at $3,612.20 per ounce as of 08:41 GMT, earlier touching a session high of $3,616.64.
Read: Gold Prices in Pakistan Hit Record High, Rupee Gains in 2025
Bullion prices have surged 37% this year, adding to a 27% gain in 2024. Factors include a weaker U.S. dollar, increased central bank buying, soft monetary policies, and global geopolitical and economic uncertainties.
Silver also went up by 0.3%, reaching $41.08 per ounce. Platinum saw a rise of 1.6% to $1,394.90, while palladium climbed 1.3% to $1,124.24.
