The price of gold reached a new record high in the domestic market, hitting Rs252,200 per tola, according to the All Sindh Sarafa Jewellers Association.
The price of 24 karat gold per tola saw a notable rise of Rs1500, reaching Rs252,200 in local markets. Similarly, the price of 10 grams of 24 karat gold reached Rs216,221.
On the international front, the price of gold was trading at $2,379 per ounce. Spot gold experienced a 0.7% increase, reaching $2,395.15 per ounce, peaking at $2,417.59 earlier in the session. Prices saw a 2.2% increase for the week.
U.S. gold futures settled 0.7% higher at $2,413.8. Meanwhile, spot platinum declined by 0.4% to $931.22, and palladium dropped by 0.6% to $1,016.91, both metals experiencing weekly declines
