Islamabad: Gold prices are soaring to unprecedented levels both domestically and globally, with Pakistan witnessing a historic high in gold rates.
In today’s market, the price of gold saw an increase of Rs 1,900 per tola, pushing it to an all-time high of Rs 442,800. Similarly, the rate for ten grams of gold climbed by Rs 1,629, bringing the new price to Rs 379,629.
On the international front, gold prices have also surged to record-breaking figures. The price rose by $9 today, setting a new peak at $4,217 per ounce. Meanwhile, silver in Pakistan maintains its highest-ever price per tola at Rs 5,337. Economists warn that if current trends persist, gold prices could escalate to $5,000 per ounce by 2026.
So far this year, gold has seen a staggering 56% increase in value as global central banks continue to make substantial purchases of the metal. Silver prices have also experienced upward momentum in the international market, reaching $52.12 per ounce.