Gold prices remain steady in Pakistan after record surge

Per tola gold rate remains unchanged at Rs 407,778

Gold prices in both global and local markets remained stable on Friday, although per tola rates continued to hover at record highs.

In the international bullion market, the price of gold per ounce held steady at $3,865 with no change. Similarly, in local bullion markets, the price of gold per tola stayed unchanged at Rs407,778.

In line with the global movement, domestic prices followed suit, with gold per 10 grams remaining stable at Rs349,603.

Read: Gold prices dip after four day rally

Meanwhile, spot gold inched up 0.03% to $3,857.25 per ounce after hitting a record high of $3,896.49 on Thursday. The bullion has gained 2.6% so far this week.

Among other precious metals, spot silver climbed 0.6% to $47.24 per ounce, platinum rose 0.5% to $1,576.25, and palladium gained 1.4% to $1,258.25.