Record-breaking surge pushes gold prices above Rs500,000
KARACHI: Gold prices once again surged to historic highs in both international and domestic markets.
In the global bullion market, the price of gold jumped by a massive $127 per ounce, pushing the new all-time high to $4,840 per ounce.
Similarly, in local bullion markets, the price of 24-karat gold per tola rose sharply by Rs12,700, reaching a record level of Rs506,362 for the first time. Meanwhile, the price of 10 grams of gold increased by Rs10,888 to Rs434,123.
Silver prices in the country also witnessed an upward trend, with the per tola rate rising by Rs64 to reach a new historic high of Rs9,933.
