Gold and silver prices soar to new historic highs
Business
Gold and silver prices hit record highs as international bullion rates surged, lifting local gold beyond Rs521,000 per tola and silver to unprecedented levels.
KARACHI (Web Desk) - Prices of gold and silver have reached new historic highs in both international and domestic markets.
In the international bullion market, the price of gold per ounce recorded a sharp increase of $65, pushing it to a new all-time high of $4,988.
The surge in global prices had a direct impact on local markets as well. The price of 24-karat gold per tola rose by Rs6,500 to reach a record Rs521,162, while the price per 10 grams increased by Rs5,573 to Rs446,812.
Silver prices also saw a notable rise, with the per tola rate jumping by Rs526 to a new peak of Rs10,801, while the price per 10 grams climbed by Rs451 to Rs9,260.