Gold prices rise again, silver hits all-time high in Pakistan
Business
Gold prices increased both globally and locally on Thursday, while silver climbed to its highest level ever in Pakistan, continuing an upward trend in precious metal markets.
KARACHI (Dunya News) – Gold prices saw another jump on Thursday, while silver reached a record-breaking high, giving investors something to talk about as precious metals continue their upward climb.
According to market data, the international bullion price of gold rose by 5 dollars to 4,212 dollars per ounce.
Following this rise, local jewelers increased the price of 24-karat gold by 500 rupees per tola, pushing it to 443,562 rupees. The price of 10 grams of gold also moved up by 428 rupees, reaching 380,282 rupees.
Silver, however, stole the spotlight. The per tola price surged by 85 rupees, hitting an all-time high of 6,452 rupees. Similarly, the price of 10 grams of silver increased by 73 rupees to a historic 5,531 rupees.
Market experts say investors are turning to precious metals as a safe haven, especially in uncertain economic times — proving once again that old is gold.
