Gold prices climbed to fresh record highs in global and domestic markets on Tuesday, tracking strong gains in the international bullion trade.
International gold rose by $49 per ounce to a new peak of $3,692.
Following the global rally, the price of gold in Pakistan increased by Rs4,700 per tola to a record Rs391,000. The rate for 10 grams also jumped by Rs4,030 to reach Rs335,219.
Spot gold rose 0.2% to $3,685.02 per ounce, as of 0632 GMT, after hitting a record high of $3,689.27 earlier in the session. US gold futures for December delivery rose 0.1% to $3,722.70.
Elsewhere, spot silver was steady at $42.73 per ounce, platinum eased 0.2% to $1,398.84 and palladium fell 0.2% t0 $1,182.25.
Read: Gold holds steady ahead of Federal Reserve decision
Earlier on Monday, Gold prices remained unchanged, holding near record highs, as global investors awaited a key US Federal Reserve policy decision later this week.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold per tola stood firm at Rs386,300, while 10 grams held steady at Rs331,189.
In the international market, gold was quoted at $3,643 per ounce (including a $20 premium). Silver also traded flat, with the per-tola rate unchanged at Rs4,443.
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