Gold prices soared to fresh record highs internationally and in Pakistan amid global economic uncertainty and rising demand on Tuesday.
According to market reports, international bullion surged by another $51 to reach an unprecedented $3,770 per ounce.
In Pakistan, 24-carat gold climbed for a second consecutive day, rising Rs5,100 to an all-time high of Rs398,800 per tola, while the 10-gram rate increased Rs4,372 to Rs341,906.
Silver also followed the trend, with per-tola prices up Rs42 to Rs4,637 and 10-gram silver gaining Rs36 to Rs3,975.
Analysts attributed the rally to the US Federal Reserve’s interest-rate cuts, Washington’s tariff policy, and US Treasury measures to safeguard gold reserves, which have made the metal a preferred safe-haven investment.
They said a weaker dollar,