Gold prices in Pakistan surged once again, continuing a steady upward trend driven by market instability and rising global demand. The price of 24-karat gold rose by Rs1,000 per tola, now standing at Rs354,100, adding to a sharp rally witnessed in recent sessions.
This increase follows a dramatic Rs5,900 per tola jump earlier, reflecting heightened volatility in both local and international markets. The rate for 10 grams of 24-karat gold also moved up by Rs857, reaching Rs303,583.
Read More: Massive Rise in Gold Prices in Pakistan Once Again
According to market analysts, global economic uncertainty is fuelling investor interest in gold as a safe-haven asset. Internationally, gold prices increased by $10, pushing the rate to $3,357 per ounce.
The demand for gold remains strong, with consumers and traders closely watching the market for further changes. The sharp rise has sparked fresh speculation about whether the current trend will continue or stabilize in the coming weeks.
Read More: Global Gold Slips Slightly, Local Rates Unchanged
Despite the steep prices, buyers in major cities like Karachi, Lahore, and Islamabad reported steady interest, especially from investors seeking protection against currency fluctuations and inflation.
Silver prices also remained unchanged across the country, standing at Rs3,380 per tola in all major cities.
Today’s Gold and Silver Rates Across Major Cities
| City | Gold (24K per tola) | Silver (per tola) |
|---|---|---|
| Karachi | Rs354,100 | Rs3,380 |
| Lahore | Rs354,100 | Rs3,380 |
| Islamabad | Rs354,100 | Rs3,380 |
| Peshawar | Rs354,100 | Rs3,380 |
| Quetta | Rs354,100 | Rs3,380 |
| Sialkot | Rs354,100 | Rs3,380 |
| Hyderabad | Rs354,100 | Rs3,380 |
| Faisalabad | Rs354,100 | Rs3,380 |