Gold prices in Pakistan soared to historic levels on Monday, crossing Rs. 400,000 per tola for the first time ever, amid global market volatility and local currency pressure.

According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-karat gold surged by Rs. 5,900 in a single day, reaching Rs. 403,600 per tola. The rate for 10 grams of 24-karat gold also jumped to Rs. 346,021, while 22-karat gold was priced at Rs. 317,197 per 10 grams.

Silver followed suit, with 24-karat silver selling at Rs. 4,792 per tola, up Rs. 88, and Rs. 4,108 per 10 grams, up Rs. 76.

Internationally, gold climbed to $3,818 per ounce, including a $20 premium — a daily gain of $59, reflecting heightened investor demand and economic uncertainty.