Gold prices continued their upward momentum today in both international and local markets, reflecting ongoing volatility in the bullion trade.
Reports indicate that gold prices in the global market rose by $5 per ounce, reaching $2,915 per ounce.
Read more: Gold reaches record highs in Pakistan.
This increase had a direct impact on the domestic market, where the price of 24-karat gold per tola climbed by Rs. 500 to Rs. 306,500. Likewise, the price of 10 grams of gold rose by Rs. 429, reaching Rs. 262,774.
Market analysts link this surge to fluctuating global demand, economic uncertainties, and currency exchange rate variations. Experts suggest that investors are increasingly turning to gold as a safe-haven asset amid persistent financial instability worldwide.
As market conditions remain unpredictable, investors are closely monitoring future price trends to assess the potential impact of ongoing fluctuations.
