Gold Price in Pakistan Today Hits Record High

Gold prices in Pakistan have surged to a record high, with 24-karat gold reaching Rs321,000 per tola and 10 grams of gold selling at Rs275,205, driven by strong demand and global economic uncertainty.

The international bullion rate also rose to $3,052 per ounce, its highest level to date, with a $31 increase. This upward trend has been observed in both international and local markets, with investors seeking gold as a safe-haven asset amidst economic uncertainty and inflation concerns.

The local market in Pakistan has followed global trends, with gold prices remaining steady on Wednesday before surging to new highs on Thursday. The 10-gram gold price had remained unchanged at Rs272,462 on Wednesday, while the international rate of gold was stable at $3,021 per ounce with a premium of $20.

As the global economy continues to experience uncertainty, it is likely that gold prices in Pakistan will remain volatile, influenced by international market trends and investor interest. The surge in gold prices has been driven by a combination of factors, including strong demand, inflation concerns, and currency fluctuations.