### Gold Prices Surge to Record Highs Amid Market Volatility Recent developments in the gold market have seen prices reaching unprecedented levels, driven by a combination of domestic demand and international market trends. As of April 17, 2025, the price of 24-carat gold in Pakistan soared to **Rs348,000 per tola**, marking an increase of **Rs8,600** from the previous day. This surge is attributed to various factors, including fluctuations in the international gold market and local economic conditions, such as the recent auction by the State Bank of Pakistan (SBP) which raised significant funds [https://tribune.com.pk/story/2540375/gold-soars-to-record-highs-of-rs348000tola]. ### Breakdown of Recent Gold Price Trends 1. **Record Highs in Pakistan**: - On April 17, 2025, gold prices reached **Rs348,000 per tola**, up from **Rs339,400** the previous day [https://www.nation.com.pk/17-Apr-2025/gold-price-jumps-to-record-rs348-000-per-tola]. - The price of 10 grams of 24-carat gold also increased to **Rs298,353** from **Rs290,980** [https://www.nation.com.pk/17-Apr-2025/gold-price-jumps-to-record-rs348-000-per-tola]. 2. **International Market Influence**: - The international price of gold rose by **$86** to **$3,310** per ounce, impacting local prices significantly [https://www.nation.com.pk/17-Apr-2025/gold-price-jumps-to-record-rs348-000-per-tola]. 3. **Recent Trends Leading Up to the Surge**: - Prior to the record highs, gold prices had been steadily increasing, with notable jumps of **Rs7,800** on April 11, 2025, and **Rs1,800** on April 13, 2025 [https://www.nation.com.pk/11-Apr-2025/gold-price-soars-by-rs7-800-per-tola, https://www.nation.com.pk/13-Apr-2025/gold-prices-reach-all-time-high-to-rs340-600-per-tola]. ### Supporting Data on Gold and Silver Prices - **Recent Price Changes**: - April 17, 2025: Gold at **Rs348,000** per tola; Silver at **Rs3,460** per tola [https://www.nation.com.pk/17-Apr-2025/gold-price-jumps-to-record-rs348-000-per-tola]. - April 11, 2025: Gold at **Rs328,800** per tola; Silver at **Rs3,234** per tola [https://www.nation.com.pk/11-Apr-2025/gold-price-soars-by-rs7-800-per-tola]. - April 10, 2025: Gold at **Rs90,450**; Silver at **Rs92,900** [https://www.business-standard.com/markets/commodities/gold-price-climbs-10-to-90-450-silver-declines-100-to-92-900-125041000115_1.html]. ### Conclusion: A Market in Flux The recent surge in gold prices reflects a complex interplay of local and international factors, leading to record highs in the Pakistani market. 1. **Key Findings**: - Gold prices have reached **Rs348,000 per tola**, a significant increase driven by both local demand and international market trends. - The international gold price has also seen a substantial rise, contributing to local price increases. 2. **Implications**: - Investors and consumers should remain vigilant as market conditions continue to evolve, with potential for further price fluctuations in the coming weeks. This analysis underscores the importance of monitoring both local and global economic indicators as they significantly influence gold prices [https://www.nation.com.pk/17-Apr-2025/gold-price-jumps-to-record-rs348-000-per-tola].