Silver Prices Hit All-Time High as Global Gold Rates Continue to Soar
KARACHI: Following a surge in gold rates, **silver prices have reached an all-time high** in both international and local markets.
According to international media reports, the **price of silver has climbed to $49.54 per ounce**, marking its highest level in history. Meanwhile, **global gold prices** also recorded a sharp rise of **$84 per ounce**, bringing the price to **$4,039 per ounce**.
The **All Pakistan Gems and Jewellers Association** reported that **gold prices in the local market rose by Rs8,400 per tola**, pushing the **price per tola to Rs425,178** — the highest ever recorded in Pakistan.
Similarly, the **price of 10 grams of gold** increased by **Rs7,202**, reaching **Rs364,521**.
Fresh data indicates that **spot gold in the international market rose by 0.7% to $4,011 per ounce**, while **U.S. gold futures climbed to $4,033 per ounce**.
Since the beginning of 2025, **global gold prices have surged by approximately 53%**, driven by economic uncertainty, inflationary pressures, and rising investor demand for safe-haven assets.
