KARACHI (Dunya News) – Gold prices have shoot through the roof both in the international and local markets, hitting an all-time high and leaving buyers stunned.
In the international bullion market, the price of gold jumped by $33 per ounce, pushing it to a new peak of $3,480. Following the global trend, local gold rates also went up sharply, making it harder for ordinary buyers to keep up.
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According to market data, the price of 24-karat gold in Pakistan rose by Rs 3,300 per tola, while 10 grams increased by Rs 2,829. With this sudden hike, the price of gold has climbed to Rs 370,700 per tola and Rs 317,815 per 10 grams, the highest level ever recorded in the country’s history.
Gold dealers said the surge was mainly driven by international market trends, currency fluctuations, and growing investor demand as people turn to the yellow metal as a “safe haven” in uncertain economic times.