Gold prices in Pakistan remained stable on Friday as the local bullion market showed no major movement after several days of sharp fluctuations. According to the latest rates issued by market dealers, the price of gold per tola stayed unchanged at Rs475,362. The price of 10 grams of gold also remained steady at Rs407,546, reflecting a temporary balance in the precious metals market.
Bullion traders said the market witnessed calm trading activity due to cautious investor behavior and reduced buying pressure. Many investors are closely observing international developments before making new investment decisions in gold and other precious metals. Dealers believe the current stability may be temporary because global economic uncertainty continues to affect bullion markets worldwide.
In the international market, gold prices recorded an upward trend and reached $4,530 per ounce, including a premium of $20. Analysts said rising geopolitical tensions and concerns about global economic growth are increasing investor demand for safe-haven assets. International gold rates continue to influence local prices in Pakistan because bullion markets are closely connected.
Silver prices also showed strength in Pakistan’s local market during the latest trading session. The price of silver per tola climbed to Rs8,034, following gains in global precious metals trading. Market experts believe silver demand has increased because investors are looking for alternative assets amid uncertainty in international financial markets and currency fluctuations.
The latest figures also showed different rates for various categories of gold in Pakistan. The price of 22-karat gold was recorded at Rs425,880 per tola, while 21-karat gold stood at Rs406,525 per tola. Meanwhile, 18-karat gold was available at Rs348,450 per tola. Jewelers said consumer demand remains moderate due to continuously rising prices across the bullion sector.
Gold prices have witnessed major volatility throughout the past week, with rates previously crossing Rs494,000 per tola before entering a correction phase. Analysts expect further fluctuations in the coming days as traders monitor the US dollar, inflation trends, and global political developments that may influence investor confidence and safe-haven demand in international bullion markets.
