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Gold Prices Rise in Pakistan as Global Bullion Market Strengthens

Gold Prices Rise in Pakistan as Global Bullion Market Strengthens

KARACHI โ€“ Gold prices in Pakistan recorded a notable increase on Tuesday, February 24, 2026, following gains in the international bullion market. The rise was confirmed by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA).

According to the association, the price of 24-karat gold per tola climbed by Rs3,400. It settled at Rs539,962 compared to Rs536,562 on the previous trading day. This steady upward movement reflects strong global trends and local market response.

The rate of 10 grams of 24-karat gold also increased. It rose by Rs2,915 to reach Rs462,930 from Rs460,015. Similarly, 10 grams of 22-karat gold went up by Rs2,672. The new price stands at Rs424,367 compared to Rs421,695 earlier. These changes show that Gold prices are closely tracking international market performance.

Silver prices followed a similar pattern. The per tola rate of silver increased by Rs192 to Rs9,286. Previously, it stood at Rs9,094. The price of 10 grams of silver rose by Rs165 to Rs7,961 from Rs7,796. This trend indicates broader strength in the precious metals market.

In the global market, Gold prices also moved higher. International gold gained $34 per ounce, reaching $5,172 compared to $5,138 earlier. Silver prices rose by $1.92 to settle at $88.02 per ounce. Analysts say international gains directly influence local bullion rates.

Market experts describe the outlook for Gold prices as bullish. Ongoing global economic uncertainty continues to support demand. Investors often turn to gold during periods of instability.

Gold is widely viewed as a safe-haven asset. Its limited supply and intrinsic value make it attractive during inflation and currency weakness. It also offers protection against geopolitical risks and market volatility.

Analysts note that rising tensions, trade disputes, and economic pressures push investors away from risky assets. In such times, funds usually shift toward bullion. This movement helps sustain higher Gold prices even during broader financial stress.

In other news read more about Gold Prices Surge by Rs3,000 in Pakistan, Check Latest Rates

Historically, gold has symbolized wealth and financial security. In recent years, both retail and institutional investors have increased their exposure. As uncertainty persists worldwide, demand for precious metals is expected to remain strong in the coming months.

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