KARACHI: The continuous rise in gold prices across the country shows no sign of slowing, according to market sources.
The All Pakistan Gems and Jewellers Association reported that the price of gold per tola has increased by Rs 900, reaching Rs 481,862 in the domestic market.
Similarly, the price of 10 grams of gold rose by Rs 771 to Rs 413,118, the association said.
Meanwhile, in the international market, gold prices also moved upward, increasing by $9 to $4,595 per ounce.
Market analysts attribute the surge to fluctuations in global prices and currency trends, with further volatility expected in the coming days.
Earlier, gold prices in Pakistan have reached an all-time high following a sharp increase, according to the All Pakistan Gems and Jewellers Association(APGJA).
The association reported that the price of gold per tola rose by Rs7,700, taking it to a record Rs480,962 per tola.
Similarly, the price of 10 grams of gold increased by Rs6,602 to reach Rs412,347.
In the international market, gold prices also climbed significantly, rising by $77 to $4,586 per ounce.
Meanwhile, economic experts have warned that escalating tensions between Iran and the United States could lead to a further increase in fuel prices in the coming days.
