The price of gold has reached a new all-time high after a significant increase in a single day, with one tola of gold now priced at Rs 406,778, breaking all previous records.

This sharp increase in the local market saw the price of one tola of gold rise by a substantial Rs 3,178 in a single day, propelling the precious metal to a new level for both investors and consumers.

Similarly, the price of 10 grams of gold also saw a significant rise. The price increased by Rs 2,725 to reach a new high of Rs 348,746.

This surge in the local bullion market was a reflection of trends in the global market. In international trading, the price of gold increased significantly by $37, bringing its new price to $3,855 per ounce.