Gold bars and jewellery reflecting the sharp rise in gold prices in Pakistan and international markets.Gold jewellery displayed as bullion prices surge in local and global markets.

Gold Prices surged sharply in Pakistan on Wednesday as international bullion markets rallied amid optimism over possible negotiations between Iran and the United States.

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In the local market, the price of 24-karat gold climbed Rs10,000 per tola, reaching Rs437,936.

Similarly, the price of 10 grams of gold increased by Rs8,573, taking it to Rs375,459.

Meanwhile, silver also posted strong gains. The price of silver rose Rs273 per tola to Rs6,624.

In the international market, gold prices advanced by $100 per ounce, lifting the global rate to $4,155 per ounce.

Market participants attributed the rally to growing optimism that potential negotiations between the United States and Iran could ease geopolitical uncertainty, influencing investor sentiment across global financial markets.

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