Gold Price Hits All-Time High in Pakistan – Check Latest Rates Today
Gold prices in Pakistan have skyrocketed once again, setting a new all-time high. As of April 12, the price of 24K gold per tola has surged to an astonishing Rs340,600, following a sharp single-day increase of Rs1,800. The rate for 10 grams also jumped to Rs292,009, reflecting the ongoing bullish trend in the precious metals market.
This historic hike has taken both investors and regular buyers by surprise. Over the past week, gold has seen consistent upward momentum, fueled by a combination of local currency devaluation, rising inflation, and global economic uncertainty. The sharp increase follows a previous record-breaking jump of over Rs10,000 in just one day, highlighting the volatility of the current market.
Globally, gold prices have also been climbing, with international bullion rates reaching $3,236 per ounce. Investors around the world are turning to gold as a safe haven amid fears of recession and geopolitical tensions.
Also Read: Today’s Currency Exchange Rates in Pakistan
Here’s how gold prices have changed in the past few days:
- April 10: Rs328,800
- April 9: Rs321,000
- April 8: Rs318,000
- April 5: Rs320,000
This latest price spike is expected to impact gold jewelry markets significantly, especially during the ongoing wedding season when demand is at its peak. Many buyers are now rushing to secure purchases before prices rise even further.
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