Gold prices jump by Rs5,800 per tola in Pakistan

Gold prices in Pakistan continued their upward trajectory on Thursday, rising by Rs5,800 per tola, according to the All Pakistan Gems and Jewellers Association.

With the latest increase, the price of 24-karat gold per tola reached Rs440,900, while the rate for 10 grams of 24-karat gold climbed by Rs4,972 to Rs378,000.

In the international market, gold also gained momentum, rising by $58 to settle at $4,198 per ounce, the association added.

The surge follows a series of record-setting sessions for gold, driven by global economic uncertainty and investor preference for safe-haven assets.