Gold prices in Pakistan have reached the highest level ever, following the international trend where investors are turning towards gold as a safe option during times of global economic uncertainty.
On Monday, the price of gold increased sharply, rising by Rs. 6,100 per tola. With this jump, the price per tola of gold touched an unprecedented level of Rs. 384,000, according to figures shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Similarly, the price of 10 grams of gold also went up by Rs. 5,230, reaching Rs. 329,219 — another record high.
This sudden rise follows a smaller increase seen on Friday, when gold per tola went up by Rs. 1,200 to close at Rs. 377,900. Within just a few days, the price has climbed significantly, creating challenges for buyers but bringing relief for investors who see gold as a secure asset in uncertain times.
Experts explain that international market trends, coupled with local currency fluctuations and ongoing economic pressures, are the main reasons behind the continuous surge in gold prices. While the rising cost has made jewelry and ornaments less affordable for many people, it has strengthened the demand for gold as a reliable investment.
Disclaimer: The information above is provided only for awareness and general knowledge. It should not be considered as financial advice.
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