Gold prices in Pakistan have increased by another Rs200 per tola, reaching a new high of Rs292,400.

According to the All Pakistan Gems and Jewelers Association (APGJA), this latest surge follows a dramatic increase in global gold prices.

The price of gold per tola is now Rs292,400. The price of 10 grams of 24-karat gold has also risen by Rs172, reaching Rs250,685.

This increase follows a Rs400 jump on February 1, bringing the price to Rs292,200 at the close of last week’s trading. Global gold prices hit a record high of $2800 per ounce, fueling the price increases in Pakistan.