Another record high in three days: Gold price reaches Rs265,900 per tola

After a little break, gold prices in Pakistan rebounded on Friday and surged to highest level ever seen in the country’s history. The 24-karat gold price witnessed a notable single-day increase of Rs2,900 per tola and closed at Rs265,900.

This follows a decline of Rs1,000 seen in the price of precious metal, which pushed its rate to Rs263,000 per tola on Thursday.

It is worth noting that the last record high price was observed less than three days ago when the bullion market quoted the gold’s rate at Rs264,000 per tola.

Interestingly, before the gold hit the Rs264,000 per tola mark, the then record high price of gold was observed in August when local gold markets quoted gold at Rs263,700 per tola.

According to All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), as of today, the ten-gramme gold rate stands at Rs227,966 after surging by Rs2,486.

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