The gold price in Pakistan saw a significant increase on Saturday, reversing a slight decline from the previous day.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola rose by Rs4,100, reaching Rs359,800. Similarly, the gold price for 10 grams increased by Rs3,515, taking it to Rs308,470.
The global market also reflected the upward trend. The gold price per ounce climbed by $41, reaching $3,371. Experts attribute the surge to rising global demand and fluctuating currency values.
Silver prices in Pakistan mirrored gold’s trend. A tola of 24-karat silver increased by Rs108, reaching Rs4,121, while 10 grams of silver went up to Rs3,533.
Market analysts suggest that the spike in the gold price may influence investment patterns, with many turning to gold as a safe-haven asset amid economic uncertainties. Traders advise monitoring both local and international developments to understand future movements in gold rates.
The recent surge highlights the volatility of the precious metals market. Investors are encouraged to stay informed and consider timing their purchases carefully.
With fluctuating global demand and currency changes, the gold price is expected to remain under close watch by traders, investors, and consumers alike.
This surge serves as a reminder of gold’s continued importance in Pakistan’s market, both as an investment and for traditional purchases.
In other news read more about Gold Rates Drop Again: Domestic and Global Prices Slide – Aug 20, 2025
