Gold rate in Pakistan: At present, everyone is discussing the price of gold in India. But do you know what the gold rate is going to be in Pakistan now? Cheaper or more expensive than India? Keep an eye on today’s article to find out.

Gold prices have created history in India by crossing the level of Rs 1 lakh per 10 grams. On the last trading day, Tuesday, gold price touched this historic level. But gold has not only broken records in India, but it is also touching new heights in neighboring country Pakistan. This can be gauged from the fact that the gold rate in the country has crossed Rs 3 lakh.

Now if we tell you about the price of gold in Pakistan, then according to the report of ARY News, All Pakistan Sarafa Gems and Jewelers Association said that gold is continuously breaking records amidst the trade war sparked by tariff tension. On Tuesday, the price of gold in Pakistan reached a lifetime high. 24 carat gold reached Rs.379,150 per tola, while the price of 10 grams was recorded at Pakistani rupees 3,25,065. Earlier on Monday, the price of 1 tola gold was Pakistani rupees 3,57,800.

It is worth noting that the US and China are face to face in the trade war sparked by US President Donald Trump’s tariffs and this has increased global tensions and due to concerns about global economic growth, gold prices have reached record highs worldwide, while a weak dollar has further boosted it. Let us tell you that the dollar index had touched a 3-year low on Monday.

Experts told the reason

According to the report, market strategist Yep Jun Rong said, ‘Basically, the markets are pricing in the increased geopolitical risks, influenced by US tariff tension and inflation concerns.