Gold hits new record high in Pakistan amid global price surge

Gold prices in Pakistan surged to a new all-time high on Tuesday, mirroring a sharp upward trend in international markets.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of one tola of gold rose by Rs5,900, reaching Rs363,700 — the highest rate ever recorded in the local market.

The price of 10 grams of gold also increased by Rs5,059 to settle at Rs311,814.

The domestic surge follows a previous record set just a day earlier, when the price per tola climbed by Rs8,100 to reach Rs357,800.

Internationally, gold prices continued their upward trajectory. The APGJSA reported the global rate at $3,454 per ounce — including a $20 premium — reflecting a $59 gain during the day.

In contrast, silver prices remained unchanged in the local market, holding steady at Rs3,441 per tola.