Gold prices continued their upward trend as the international bullion market saw a $3 increase per ounce, pushing the rate to $3,244. This global surge has directly impacted local gold markets in Pakistan.
In response to the international rise, the price of 24-karat gold in local sarafa markets rose by Rs300 per tola, reaching Rs342,800. Similarly, the price of 10 grams of gold increased by Rs257, now standing at Rs293,895.
Market analysts attribute the ongoing increase to persistent economic uncertainty and strong investor demand for safe-haven assets like gold.