Gold prices in Pakistan surged to new record highs on Tuesday, following an upward trend in international markets.
The price per tola of gold in the local market increased by Rs700, reaching an all-time high of Rs260,700.
This latest figure surpasses the previous record of Rs260,200 per tola set just last week, marking a Rs500 increase from the last historic high.
The price of 10-gramme gold also saw a rise, selling at Rs223,508 after an increase of Rs600, according to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Monday, the gold price had dipped slightly to Rs260,000, a Rs200 decrease. However, the international gold rate edged higher on Tuesday, with prices reaching $2,512 per ounce, including a $20 premium, reflecting a $10 gain during the day.
Meanwhile, silver prices remained stable at Rs2,950 per tola.