The gold price witnessed a massive increase in Pakistan on Wednesday after a strong surge in global rates.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), which releases gold rates on a regular basis, the price of precious metal rose by Rs2,300 per tola in the Pakistani bullion market.
The price of gold in Pakistan now stands at record high of Rs264,000 per tola, as per the association.
It is worth noting that the last record high price of gold was recorded in August when it broke Rs263,000 barrier and closed at Rs263,700 per tola.
Today’s gold rate is Rs300 per tola higher than the last record high.
Internationally, the yellow metal’s value was recorded at $2,524 per ounce, showing an increase of $23. This rate includes a premium of $20.
