KARACHI: Gold and silver prices continued to touch new highs on Friday, following a global bullion rise to historic levels, traders said.
The local gold prices inched up by Rs500 to reach all-time fresh highs of Rs473,362 per tola. Rates for 10 grams soared by Rs429 to Rs405,831, All Pakistan Sarafa Gems and Jewellers Association said.
International gold bullion value hit record highs of USD4,510 per ounce, up by USD5, while silver prices set another historic benchmark of USD75 per ounce, up by USD2.40, it added.
Domestic silver prices followed suit, moving up by Rs240 and Rs206, settling at fresh height of Rs7,945 per tola and Rs6,811 per 10 grams, respectively, according to the association.
It is worth noting that the open market may trade gold and silver at different prices as compared to those officially established by the association.
Copyright Business Recorder, 2025