The price of gold per tola soared by Rs2,400, reaching a historic Rs257,300.
Gold prices in Pakistan surged to an all-time high on Friday, following a global rise in demand for the precious metal.
The cost of gold per tola increased by Rs2,400, reaching Rs257,300. The expense for 10 grams of gold rose significantly, climbing by Rs2,057 to settle at Rs220,593.
Internationally, gold prices saw a notable rise, with the cost per ounce increasing by $26 to $2,458.
This global increase in gold prices is due to higher demand amid economic uncertainties and market fluctuations.
Just a day earlier, gold prices per tola in Pakistan were at Rs254,900, reflecting a gain of Rs1,400, while the cost for 10 grams was Rs218,536.
Experts suggest that the sharp increase in gold prices reacts to current economic conditions, leading investors to buy gold as a safe-haven asset.
