Gold prices in Pakistan are continuing to rise, with a sharp increase recorded today. The latest figures show that gold has become significantly more expensive in local markets, adding pressure on buyers and investors.
According to the All Pakistan Sarafa, Gems and Jewelers Association, the price of one tola of gold increased by PKR 14,800. With this jump, the new price of one tola has reached PKR 529,162. Similarly, the price of 10 grams of gold also went up by PKR 12,689, taking it to PKR 453,671.
This sudden rise has caught the attention of both traders and customers. Many buyers are now waiting to see whether prices will stabilize, while investors are closely watching the market for further changes. Jewelers say that rising prices have slowed down regular buying, especially for wedding and daily-use jewelry.
The increase in gold prices in Pakistan is linked to both local demand and international market trends. In the global market, gold prices also saw a strong rise. The price of gold per ounce went up by USD 148, reaching USD 5,064. This global increase has directly affected local rates, as Pakistan’s gold market follows international pricing closely.
Experts believe that global economic uncertainty, inflation concerns, and investor interest in safe assets are key reasons behind the rising gold prices. Gold is often seen as a safe investment during unstable economic conditions, which increases demand worldwide.
With prices reaching record levels, market watchers expect continued volatility in the coming days. Buyers and investors are advised to stay cautious and keep an eye on both local and global market movements before making any decisions.
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