The price of 24-karat gold surged by Rs. 1,346 on Friday, reaching an all-time high of Rs. 300,046 per tola, according to the All Sindh Sarafa Jewellers Association. This marks the first time in history that gold prices have crossed the Rs. 300,000 per tola milestone. On the previous trading day, gold was sold at Rs. 298,700 per tola.

The price of 10 grams of 24-karat gold also increased by Rs. 1,154, rising to Rs. 257,241 from Rs. 256,087. Meanwhile, the price of 10 grams of 22-karat gold climbed to Rs. 235,812, up from Rs. 234,754.

Silver prices also saw an increase, with the price of per tola silver rising by Rs. 51 to Rs. 3,378, while the price of 10 grams of silver went up by Rs. 44, reaching Rs. 2,896.

In the international market, the price of gold rose by $10, reaching $2,869 per ounce, compared to $2,859 on the previous day, the association reported.

The historic rise in gold prices reflects ongoing trends in both domestic and international markets, driven by economic uncertainty and fluctuating currency values.