For the third day in a row, gold prices in Pakistan have reached record highs, continuing an upward trend that has captured the attention of investors and consumers alike. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-carat gold surged by Rs. 3,000 per tola, reaching Rs. 280,900. Similarly, the price for 10 grams of gold increased by Rs. 2,572, bringing it to Rs. 240,826.
This latest increase follows a significant rise on Wednesday, when gold prices jumped by Rs. 2,200 per tola, setting a new record at Rs. 277,200. The upward momentum continued on Thursday with an additional increase of Rs. 700 per tola, pushing the price to Rs. 277,900.
The surge in gold prices is not limited to Pakistan. In the international market, gold prices have also reached unprecedented levels. Spot gold climbed 0.7 percent to $2,711.75 per ounce by 0933 GMT, marking the first time it has surpassed the $2,700 mark. US gold futures mirrored this trend, rising 0.7 percent to $2,726.90.