Gold Prices Stay Flat After Reaching Record Highs

Gold prices in Pakistan and international markets remained unchanged on Tuesday, a day after hitting historic highs.

The All Pakistan Sarafa Gems and Jewellers Association reported that the price of 24-karat gold stayed firm at Rs370,700 per tola. The price of 10 grams also held steady at Rs317,815.

The international market reflected the same trend, with gold trading flat at $3,480 per ounce. Analysts said the stability followed a sharp upward rally earlier in the week, which had pushed rates to record-breaking levels.

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Silver prices in Pakistan also showed no movement. A tola of 24-karat silver was priced at Rs4,303, unchanged from the previous day.

Traders noted that investors were waiting for fresh cues from global markets, particularly on inflation trends and US monetary policy, which often influence precious metal prices.