Gold price rise in Pakistan; Check latest rates here

Gold prices in Pakistan surged to a new record high on Wednesday, driven by turmoil in the Middle East.

The price of 24-carat gold rose by Rs2,200 per tola and Rs1,887 per 10 grams, reaching Rs251,900 and Rs215,964, respectively.

Additionally, the price of 22-karat gold surged to Rs197,967 for 10 grams.

Internationally, the price of gold saw a $21 increase, bringing the new rate to $2,388 per ounce.

Gold Rates in Pakistan on April 17

Gold Type	Increase per Tola	Increase per 10 grams	New Rate per Tola	New Rate per 10 grams
24-Karat	Rs2,200	Rs1,887	Rs251,900	Rs215,964

Gold prices likely to go up to $3,000 an ounce: report

Analysts suggest that gold prices could reach $3,000 per ounce amid increased investment in bullion-backed exchange-traded funds.