Gold continued its upward momentum in Pakistan’s domestic market amid the ongoing global tariff dispute.
According to data from the All Pakistan Gems and Jewellers Association, per tola gold price increased by Rs700, reaching Rs307,000, while the price of 10-gram gold rose by Rs601 to settle at Rs263,203. In the international market, gold prices also edged higher, with per ounce rates climbing by $5 to $2,921.
Read more: Gold reaches record highs in Pakistan.
Silver prices followed the trend, with per tola silver reaching Rs3,369 after a Rs54 increase, while 10-gram silver saw a Rs46 rise to close at Rs2,888. The previous day, gold had surged by Rs4,800 per tola, settling at Rs306,300.
Meanwhile, Canada imposed retaliatory tariffs against the US, targeting $30 billion worth of American goods in response to what Prime Minister Justin Trudeau called “unjustified tariffs.” With potential countermeasures extending to $125 billion, the uncertainty has driven investors toward safe-haven assets like gold.
