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ISLAMABAD, Jan 28 (APP):Gold prices surged to an all-time high in the local market on Wednesday as the price of 24-karat gold per tola jumped by Rs21,100 to settle at Rs551,662.
The price of 10 grams of 24-karat gold also jumped by Rs18,090 to Rs472,961, while the price of 10 grams of 22-karat gold rose by Rs16,583 to Rs433,563, according to the All Pakistan Sarafa Gems and Jewellers Association.
Silver prices also witnessed an upward trend, with the price of 24-karat silver per tola increasing by Rs271 to Rs11,911, whereas the price of 10 grams of silver went up by Rs232 to Rs10,211.
In the international market, gold prices climbed by $211 to reach $5,293 per ounce, marking a fresh record, while silver prices rose by $2.71 to $114.36 per ounce, the association reported.