Gold prices in Pakistan hit a new record on Wednesday, rising by Rs3,500 per tola. The international gold price also surged, reaching $3,890 per ounce with a $20 premium. Read more: Gold rates surge to record Rs 406,778 per tolaGlobally, gold prices surged to record highs on Wednesday. Soft US labor data increased hopes for Federal Reserve interest rate cuts, boosting gold prices further. In summary, gold prices in Pakistan continue to rise sharply.