KARACHI: Pakistan’s gold market witnessed a significant surge on Wednesday, with prices reaching an unprecedented high. According to the Karachi Sarafa Association, the value of 24-carat gold rose by Rs. 2,200 per tola to Rs. 277,200, while 10 grams saw an increase of Rs. 1,886 to Rs. 237,654.
This milestone surpasses the previous record set on September 26, when gold prices briefly touched Rs. 277,000 per tola before fluctuating between Rs. 270,000 and Rs. 276,000.
Latest Gold Prices in Pakistan
| GOLD PURITY | PER TOLA | PER 10 GRAM |
|---|---|---|
| 24K | Rs. 276,200 | Rs. 236,797 |
| 22K | Rs. 253,248 | Rs. 217,064 |
| 21K | Rs. 241,737 | Rs. 207,198 |
The international gold market also experienced gains, with spot gold rising 0.6% to $2,676.63 per ounce and US gold futures increasing 0.5% to $2,693.30.
Pakistan’s gold market continues to reflect global trends, with investors seeking safe-haven assets amidst economic uncertainty.
