Gold prices rose to record levels in both international and domestic markets on Monday.
In international gold markets, the price of gold jumped $ 55 per year. Ounce and reached a historic height of $ 4,071. Spot Gold traded for $ 4,074.02 per Ounce of 0825 GMT, after short touch of $ 4,078.05/OZ.
Read: Gold prices are rising on global, local markets
The wave in international prices pushed domestic gold rates higher. The price per Tola increased by PKR 5,500 to reach a record PKR 428,200, while the price per 10 grams rose by PKR 4,715, and wound up at PKR 367,112.
Silver also experienced winnings, with spot prices rose 2.2% to $ 51.37/OZ after hit $ 51.70/OZ, in the middle of similar market dynamics and tight supply conditions.
The increase in precious metals reflects strong global demand and tightening of supply in the gold market.
