According to reports, the price of gold per tola in Pakistan reached a new level of Rs 274,700 per tola by an increase of Rs 1,100.
Additionally, 10 grams of gold rose by Rs 943 to Rs 235,511 per 10 grams.
The global bullion market also saw an increase in gold prices, with gold prices rising by $11 to $2,635 per ounce.
On the other hand, the Pakistan Stock Exchange (PSX) hit a new milestone with the benchmark KSE-100 index crossing the 118,000-point mark during intraday trading on Thursday.
However, as the trade continued, the shares saw a slight decline and touched 117,911.83.
Investor optimism pushed the index to a high of 118,367.81 before settling near the current mark. The day’s all-time low was recorded at 117,065.97.
Trading activity is strong, with a total volume of 142.83 million shares exchanged, valued at Rs 11.31 billion. The previous day’s close was 117,008.08.
The KSE-100 index has shown resilience in recent sessions, supported by solid corporate earnings and favorable developments in the economic landscape.