Gold prices witnessed another substantial surge in Pakistan on Wednesday, attracting the attention of investors and consumers alike.

The coveted yellow metal reached a notable milestone, standing at Rs225,400 per tola after witnessing a substantial gain of Rs1,500 throughout the day.

The All Pakistan Gems and Jewellers Sarafa Association (APGJSA) provided the latest rates, revealing that the 10-gram gold was traded at Rs193,244, reflecting an increase of Rs1,286. This surge follows Tuesday’s notable rise, where gold prices in the country had escalated by Rs2,700 per tola.

RELATED STORIES

The international market played a pivotal role in influencing this surge, with gold commanding a premium of $20 on Wednesday.

The global rate for gold was established at $2,148 per ounce after experiencing a $13 upswing, as reported by the APGJSA.

In contrast, silver rates maintained their stability, holding steady at Rs2,600 per tola.

The resilience in silver prices adds an intriguing dynamic to the precious metals market, warranting continued observation.