The price of gold in the country has once again set a new record as per tola has recorded a huge increase of Rs 6,100, after which it has reached the highest level in history, Rs 384,000.
This surprising increase is a reflection of the increasing demand for gold in the domestic and global markets and inflation. According to the All Sarafa Association, the price of 24-karat gold in Pakistan continues to increase, and the price of ten grams of gold has also increased by Rs 5,230 to Rs 329,219. Along with this, the price of silver has also crossed its highest level in history, where the price of silver per tola has increased by Rs 23 to Rs 4,338.
Gold prices have also seen a surge at the global level, where gold has become more expensive by $61 per ounce in the international gold market to reach $3,613. Due to this, gold is becoming out of reach of buyers in the country, and the public is being forced to keep buying due to inflation.
Experts say that due to the fluctuations in gold prices in the global market and the country’s economic conditions, the prices of precious metals are expected to increase further, due to which both investors and ordinary buyers need to be vigilant.
