In the international bullion market on Saturday, the price of gold increased by $22, reaching $2,715 per ounce. This global price hike has directly impacted local markets in Pakistan, where the price of gold per tola surged by Rs. 2,200.

As a result, the price of gold in local jewellers’ markets has now hit Rs. 282,700 per tola. Additionally, the price of 10 grams of gold has risen by Rs. 1,857, bringing it to Rs. 242,370.

The ongoing increase in gold prices is linked to various global economic factors, with analysts suggesting that the trend may continue if current market conditions persist.