The gold prices in Pakistan witnessed a record increase and reached an all-time high on Monday, driven by an increase in international rates.
The price of 24-karat gold per tola shot up by a massive Rs1,700, reaching Rs268,000 in the local market.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 10-gram gold of 24 karats also registered a huge rise, increasing by Rs1,458 to settle at Rs229,76.
Also Read: Gold prices in Pakistan reach new highs
The increase in local prices mirrors global trends. In the international market, the price of gold rose to $2,587 per ounce, marking a $10 rise during the trading day, as per the APGJSA.
Meanwhile, silver prices remained stable at Rs2,950.
