On February 10, 2025, gold prices in Pakistan hit an unprecedented high due to a surge in international rates. The All Sindh Sarafa Jewellers Association reported a sharp increase of Rs4,000, taking the price of 24-karat gold per tola to Rs303,000 from the previous day's Rs299,000. The price for 10 grams of 24-karat gold also rose significantly, reaching Rs259,773 after a Rs3,143 jump.

This spike mirrors the global trend, with gold prices soaring to a record high of $2,905.98 per ounce internationally. Economic uncertainty has been cited as the primary driver, particularly following the announcement of new tariffs by U.S. President Donald Trump, sparking fears of a global trade war.

In times of economic instability, gold is often seen as a safe-haven asset, drawing investors looking to safeguard their wealth. This trend is evident in Pakistan, where both jewelry buyers and investors are now closely monitoring the market to see if the prices will continue to rise or eventually stabilize.

Amid the rising global tensions, gold's enduring reputation as a stable investment is reaffirmed, reflecting its critical role during periods of financial turbulence.
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