Gold rates in Pakistan have reached a new all-time high, driven by a continued rally in international bullion markets. According to data shared by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold surged by Rs2,300 per tola on Saturday.
This sharp increase brings the current gold rate to Rs357,000 per tola across major cities, including Karachi, Lahore, Islamabad, Peshawar, and Quetta. Similarly, the price for 10 grams of 24-karat gold rose by Rs1,971, now valued at Rs306,069.
Earlier in the week, gold rates had already witnessed a steep gain of Rs3,200 per tola, when prices closed at Rs354,700. This continued upward trend reflects growing investor interest in precious metals amid ongoing global financial uncertainties.
The international market also saw a strong surge. The global gold price climbed to $3,345 per ounce, including a $20 premium. This marks a $21 rise from the previous day. Analysts attribute this rise to investors seeking safe-haven assets during times of economic instability.
Silver prices in Pakistan also followed the same upward path. The price of silver increased by Rs86 per tola, now standing at Rs3,937.
Here are the current gold rates in major Pakistani cities:
- Karachi: Rs357,000 (24K gold per tola)
- Lahore: Rs357,000
- Islamabad: Rs357,000
- Peshawar: Rs357,000
- Quetta: Rs357,000
Gold rates in Pakistan are expected to remain volatile in the coming days, depending on global trends and local demand. Investors and buyers are advised to monitor the market closely before making any purchasing decisions.
Read full report: Gold Price Today in Pakistan Sees Sharp Rise Amid Global Surge
