Gold prices in Pakistan have hit a fresh record high, with the 24-karat gold reaching Rs241,100 per tola in today’s trading session.
This marks an increase of Rs2,200 per tola compared to the previous session’s close.
It’s important to highlight that the previous peak for 24-K gold stood at Rs240,000, noted on May 10, 2023.
However, the all-time intraday high for gold has not been surpassed yet. According to the Karachi Sarafa Association, the highest intraday price recorded stands at Rs242,700.
The current surge in domestic gold prices has been ongoing since March, with the precious metal seeing a significant increase of Rs19,100 in line with the rise in international gold prices.
The association also reported that the price of 24-karat gold reached Rs206,704 per 10 grammes, marking an increase of Rs1,886 compared to the previous session.
Similarly, the price of 22-karat gold saw an uptick, reaching Rs189,480 per 10 gramme.
