Gold prices in Pakistan have reached a new all-time high, with the precious metal being traded at Rs272,000 per tola, marking an increase of Rs3,500, reported on the 24NewsHd TV channel on Friday.
The Karachi Sarafa Association has confirmed the price hike, with 24-karat gold now standing at Rs233,196 per 10 grams, up by Rs3,001.
The upward trend was also reflected in the price of 22-karat gold, which rose to Rs213,763 per 10 grams.
Meanwhile, the international rate of gold surged on Friday. As per APGJSA, the rate was at $2,612 per ounce (with a premium of $20), a gain of $35 during the day.
On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs2,950 per tola and Rs2,529 per 10-gram.