#GoldPricesSoar
Here are some key points about the current gold price surge:
1. Record High Prices – Gold prices have reached Rs. 325,000 per tola in Pakistan, following a global uptrend.
2. Global Market Influence – International gold prices have also risen, with gold per ounce reaching $3,084.
3. Safe-Haven Demand – Investors are turning to gold as a hedge against economic uncertainty and inflation.
4. Stock Market Impact – The rise in gold prices affects other investment avenues, including ETFs like SPDR Gold Shares (GLD), which is currently at $284.06.
5. Currency & Inflation Effects – A weaker local currency and inflation concerns contribute to the rising demand for gold.