Gold prices in Pakistan soared to a new all-time high on Wednesday, with the per tola rate climbing by Rs6,000 to reach Rs376,700. Similarly, the price of 10 grams increased by Rs5,144, settling at Rs322,959. This sharp rise mirrors a global rally in gold markets, fueled by weaker-than-expected US jobs data that has heightened expectations of an interest rate cut by the Federal Reserve. Additionally, ongoing global uncertainties have continued to bolster safe-haven demand. On the international front, gold was trading close to $3,564 per ounce after briefly touching a record high of $3,567.

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