Pakistan, April 16 -- Gold prices broke all previous records in Pakistan on Wednesday. The price of one tola surged by Rs8,600 in a single day, reaching Rs348,000. At the same time, the price of 10 grams of gold jumped by Rs7,373, closing at Rs298,353. The latest figures were shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Meanwhile, international gold prices also reached a new peak. The global rate climbed by $86, hitting $3,310 per ounce. APGJSA noted this rate includes a $20 premium. This sharp rise in both local and global markets reflects continued investor interest in gold as a safe asset during uncertain times.

Earlier this week, gold had already shown an upward trend. On Monday, the local gold price ro...