Gold prices in Pakistan remained unchanged despite sharp movements in international bullion markets, signaling unusual stability in local trading sentiment. Investors watched cautiously as global price swings failed to affect domestic rates, keeping the per-tola value steady and surprising traders expecting fluctuations amid volatile worldwide economic signals.
The rate for 24-karat gold held at Rs528,562 per tola, while 10 grams stayed fixed at Rs453,156, matching the previous session’s closing levels. Similarly, 22-karat gold showed no change, standing firm at Rs415,408 per 10 grams, reflecting a pause in local market momentum after several days of gradual increases earlier this month.
Weekly trends show gold climbed steadily before stabilizing, rising from Rs490,362 earlier in February to current levels. Market analysts say this upward trajectory indicates strong underlying demand, even though prices briefly dipped mid-week. Such resilience suggests buyers remain confident in gold as a safe-haven asset during uncertain economic conditions.
While gold remained static, silver captured market attention with noticeable gains. The price of 24-karat silver rose by Rs90 to reach Rs8,825 per tola, while the 10-gram rate climbed Rs78 to Rs7,566. Traders attribute this rise to renewed investor interest and increased industrial demand supporting the white metal’s momentum.
Internationally, bullion markets experienced sharp swings after the latest U.S. employment report shifted expectations about monetary policy. Analysts believe strong labor data may prompt the Federal Reserve to keep interest rates higher for longer, strengthening the dollar and influencing precious-metal price movements globally before partial recovery later in trading.
Spot gold was last trading about 0.7 percent higher at roughly $5,058 per ounce after touching an intraday peak above $5,118. Experts say such volatility reflects global uncertainty, yet Pakistan’s steady domestic pricing suggests local market factors, including currency stability and demand patterns, continue to shield prices from international turbulence.
Also read: Gold and Silver Prices Today
