Gold prices continued to surge in the international market and reached a historical high after the fresh hike on Monday.
As per media reports, the price of gold in the global market has reached $3,388 per ounce, which is all time-high in the history.
According to economic experts, gold is becoming more expensive due to the depreciation of the dollar, the value of the dollar has reached its lowest level since April 2022.
It should be noted that on January 1, 2025, the price of gold globally was $2,624.49, which has increased by $753 so far.
As per media reports, investors are buying gold on large scale amid the economic war between The US and other countries including China.
The trade war triggered by President Donald Trump tariff policy and as a result the global economy is facing a recession, and the gold demand has surge in the international market due to uncertain situation.
In Pakistan, as per experts, he gold prices can hit Rs. 470,000 per tola in the coming weeks.
