Gold prices set new record – What’s behind the surge?
Gold / File photo
KARACHI: (Web Desk) Gold prices have surged to a new record across the country’s markets on Thursday.

The price of gold per tola increased by Rs1,800, reaching Rs320,800. This is the highest price for gold ever recorded.

Similarly, the price of 10 grams of gold also rose by 1,543 rupees, reaching 275,034 rupees.

These rising prices are causing concern in the local gold market, as the continuous increase in gold prices is affecting people’s ability to buy.

On the global level, gold prices have also increased. The price of gold in the international market rose by 12 dollars, reaching 3,050 dollars per ounce, reflecting changes in the global economy.

Experts say that the increase in gold prices is due to global economic conditions and the drop in the value of the dollar in the local market.