Today’s price of the precious metal is compared to Rs357,600 on the last trading day, according to the All Pakistan Sarafa Gems and Jewelers Association.

The price of 10 grams of 24 karat gold also rose by Rs3,087, reaching Rs309,671 from Rs306,584. Additionally, 10 grams of 22 karat gold saw an increase, now priced at Rs283,865.

Meanwhile, silver prices remained stable, with per tola silver staying at Rs.4,012 and the 10-gram rate fixed at Rs.3,439.

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In the international market, gold prices rose by $36, now trading at $3,387, up from $3,351. Silver also saw a rise, now priced at $38.65.

Analysis: The recent surge in gold prices could be influenced by global market trends and the rising demand for precious metals. While silver remains stable, gold s price hike reflects growing investor interest and changing economic conditions. This trend might continue to impact both local and international markets, offering potential opportunities for investors and traders.