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Gold prices in Pakistan recorded another increase on Thursday, in line with the upward trend in the international market. According to market data, the per tola price of gold rose by several thousand rupees, while the 10-gram rate also moved higher.
Traders attribute the surge to rising gold rates in the global market, coupled with currency fluctuations. Experts suggest that investors are turning to gold as a safe haven amid global economic uncertainties, which continues to push prices upward.
Local jewelers warn that the increasing prices may dampen demand in the domestic market, especially with the wedding season ahead.
