Gold prices in Pakistan set another record high on Thursday. In the local market, gold price per tola reached Rs572,862 after a gain of Rs21,200 during the day.
Similarly, 10-gram gold was sold at Rs491,136 after it increased by Rs18,175, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Wednesday, gold price per tola reached Rs551,662 after a gain of Rs21,100 during the day.
The international rate of gold was up by $212 to reach $5,505 per ounce (with a premium of $20).
Meanwhile, the price of silver increased by Rs264 to reach Rs12,175 per tola.
Additionally, international spot gold extended its blistering rally on Thursday to hit a record high just shy of $5,600 an ounce, as investors sought safety amid geopolitical and economic uncertainties, while silver came within a whisker of breaching the $120 mark.
Spot gold shot up 2.7% to $5,542.29 an ounce by 0149 GMT, after hitting a record $5,591.61 earlier in the day.
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