Gold prices hit record highs amid global surge

Gold prices in the local market rose to record levels yesterday, reflecting sharp increases in global markets, local traders said.

For the first time, a pound of 22-carat gold was priced at Rs. 379,200, while 24-carat gold reached Rs. 410,000.

Traders attributed the surge to the upward movement in international gold prices, which have driven local rates to historic highs.

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