Gold prices in Pakistan continued their upward trend for the third consecutive day, reflecting strong market momentum. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola increased by Rs1,100 on Saturday, reaching Rs358,100. Meanwhile, the price for 10 grams of gold rose by Rs944, bringing it to Rs307,013.
This consistent rise in gold prices is closely tied to global trends. In the international market, the price of gold increased by $11 per ounce, pushing it up to $3,356. The global increase is largely due to economic uncertainty, inflation concerns, and a shift toward safe-haven assets like gold.
Silver prices in Pakistan also followed a similar pattern. The price of 24-karat silver per tola rose by Rs85 to reach Rs4,022. For 10 grams, silver now costs Rs3,488. The rise in silver is in line with gold’s upward movement, reflecting broader trends in precious metals.
Experts say the surge in gold prices is due to a combination of local demand and international factors. Unstable economic conditions often drive investors toward gold, which is considered a stable and secure form of investment. With ongoing global tensions and market volatility, the demand for gold is expected to remain high.
The All Pakistan Sarafa Gems and Jewellers Association continues to monitor and update gold rates daily. Investors and buyers are advised to stay informed and track daily fluctuations for better decision-making.
For a more detailed update, read the full report here: Gold Price in Pakistan Jumps Over Rs 3000 Per Tola.
As market conditions evolve, further changes in gold and silver prices are likely in the coming days.
