Gold prices in the domestic and international markets have reached an all-time high. On Thursday, the price of one tola of 24-karat gold in the local market increased by Rs 8,300 to reach Rs 443,062, while in the international market, the price of gold has risen by $83 to $4,207 per ounce.

This increase is also reflected in the prices of 10 grams of 24-karat gold, which have now reached Rs 379,854 after an increase of Rs 7,116. Meanwhile, the prices of 10 grams of 22-karat gold have risen by Rs 6,524 to reach Rs 348,212. These sharp increases are further highlighting the focus on gold as a traditional safe-haven asset.

The price of silver has also seen a significant increase, with the price of one tola of 24-karat silver rising by Rs 228 to Rs 5,662. The price of 10 grams of 24-karat silver has increased by Rs 196 to reach Rs 4,854. In the international market, the price of silver has risen by $2.28 to $54 per ounce.

Market experts say that the current trend is a reaction to ongoing geopolitical instability, which is driving investors towards precious metals for wealth preservation. As the world grapples with these uncertain conditions, the demand for gold and silver continues to grow, potentially leading to further price increases in the near future.