In Pakistan and on international markets, gold prices climb to all-time highs.

Gold prices reached all-time highs on Wednesday in both domestic and foreign markets, continuing their steep upward trend.

Strong worldwide demand and market uncertainty caused the price of gold in the international bullion market to soar by $43 per ounce, reaching a record high of $4,638 per ounce.

Gold prices in Pakistan saw a sharp rise in tandem with the global price spike. Gold prices increased by Rs4,300 per tola, hitting an all-time high of Rs486,162.

In a similar vein, the price of 10 grams of gold rose by Rs3,687 to Rs416,805, indicating the precious metals market’s ongoing optimism.

Prices for silver also increased. While the price of 10 grams of silver grew by Rs429 to Rs8,209, the price of silver per tola increased by Rs500, reaching a record high of Rs9,575.