According to the Karachi Sarafa Bazaar, the price of one tola of gold increased by Rs 6,600, pushing the new rate to Rs 356,000 — a record high.
10-Gram Gold Price Also Hits Record:
The price of 10 grams of gold rose by Rs 5,658, bringing the latest rate to Rs 305,898. This marks another all-time high in the local gold market.
Gold Prices Surge Globally Too:
A sharp increase was also recorded in the international market, where the price of gold per ounce jumped by $66, reaching $3,348.
Read More: Trump Unveils Gold Statue Fragrance , Priced at $249
Experts Explain the Price Hike:
Experts attribute this surge to global economic uncertainty, rising inflation, and currency pressure. In Pakistan, the devaluation of the rupee is also playing a key role in driving prices up.
Caution for Investors:
Analysts warn that this trend may continue in the coming days. They advise investors to proceed with caution while making decisions in the current volatile market.
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