Gold, silver hit record
Gold prices in Pakistan scaled another record high on Saturday, tracking a powerful rally in international bullion markets driven by geopolitical tensions, safe-haven demand, and speculative momentum. In the local market, the price of gold per tola rose by Rs6,500 to reach Rs521,162, while 10-gram gold increased by Rs5,573 to settle at Rs446,812, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The latest surge follows Friday's sharp rally, when gold per tola climbed Rs9,100 to close at Rs514,662. On the international front, gold prices jumped $65 to $4,988 per ounce, placing the metal just shy of the psychologically significant $5,000/oz level, which analysts now view as increasingly plausible.