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Gold prices hit historic high for second consecutive day
['Web Desk', 'Raza Ali']
The Express Tribune
According to local bullion market sources, the international gold price increased by $212 per ounce to $5,504, setting a new record.
The surge was reflected in domestic markets, where the price of gold per tola rose by Rs21,200 to Rs572,862, marking the highest level in the country’s history.
Read: Gold crosses Rs551,500/tola on economic, geopolitical uncertaintyEarlier on Wednesday, gold prices in Pakistan surged to an all-time high, crossing Rs551,500 per tola, following a sharp rally in global bullion markets where gold topped $5,300 per ounce for the first time.
In the local market, gold per tola jumped Rs21,100 to Rs551,662, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Silver also touched a new record, with prices per tola rising Rs271 to Rs11,911, marking an all-time high in the domestic market.