Gold price up by Rs6,600/tola in Pakistan

Gold prices saw a significant rise on [insert day], following a sharp $66 per ounce increase in the international market, where the price reached $3,348 per ounce.

In response, the local gold market in Pakistan witnessed a major jump, with the price of 24-karat gold climbing by Rs6,600, bringing the per tola rate to Rs356,000.

The price for 10 grams of gold also surged to Rs305,898.

Read more: Gold prices in domestic market reach Rs354,100 per tola

Meanwhile, silver prices also edged upward, with a Rs52 increase per tola, pushing the new price to Rs3,834.

Analysts attribute the spike in precious metal prices to ongoing global economic uncertainties and increased demand in safe-haven assets.