ISLAMABAD – Gold, silver prices surged across Pakistan on Saturday, January 10, 2025, reflecting steady gains in both domestic and international markets. Investors and traders noted increased activity as local demand supported higher rates.
According to the All Pakistan Sarafa, Gems, and Jewellers Associations, the following rates were recorded:
- Gold Tola 24K: Rs 473,262 (+3,700)
- Gold 10g 24K: Rs 405,745 (+3,172)
- Gold 10g 22K: Rs 371,946 (+2,908)
The rise indicates a bullish trend in the domestic gold market, driven by global price movements and strong local demand. Experts said that the momentum in gold trading shows continued investor confidence in precious metals.
Global trends influencing local prices
International gold rates also climbed slightly, supporting domestic gains:
- Gold per ounce: $4,509 (+37)
Analysts noted that global uncertainties and rising inflationary concerns are encouraging investors to buy gold, silver as a secure asset.
Silver prices climb in Pakistan
Silver followed a similar upward trend, reflecting growing market interest:
- Silver Tola 24K: Rs 8,465 (+270)
- Silver 10g 24K: Rs 7,257 (+232)
- International Silver per ounce: $79.90 (+2.7)
Traders said the rise in silver prices mirrors global patterns, with investors increasingly turning to precious metals amid volatile stock and currency markets.
Market experts suggest that both gold, silver remain reliable hedges during economic uncertainty. The current trend is expected to continue in the short term, influenced by global metal markets and domestic demand.
The All Pakistan Sarafa, Gems, and Jewellers Associations advised investors to monitor international prices closely while trading locally.
In other news read more about Gold Price in Pakistan Rises Again Amid Global Market Gains
In other news, analysts predict that gold, silver may see further moderate gains in the coming days as geopolitical and economic developments continue to impact global markets.
