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Summary Gold prices soar globally and locally, reaching record highs as international rates jump $58 per ounce and local prices surge.
KARACHI – The rise in gold prices continues unabated, reaching a record high today after another increase.
In the international bullion market on Wednesday, the price of gold per ounce surged sharply by $58 to a new all-time high of $4,198.
Following the global trend, local gold markets also saw a significant rise, with the price of 24-karat gold increasing by Rs5,800 per tola to a record Rs440,900.
Similarly, the price of 10 grams of gold rose by Rs4,972 to a new peak of Rs378,000 locally.
