KARACHI – The gold price in Pakistan surged again on Wednesday, following strong gains in the international bullion market. Local markets saw a jump of Rs1,300 per tola, bringing the rate to Rs516,062.
The rise comes after a sharp decline the previous day, when gold had lost Rs9,000 per tola and settled at Rs514,762. The market rebound reflects renewed investor interest and global price momentum.
Gold Rates Today
- Gold (per tola): Rs516,062, up Rs1,300
- Gold (10 grams): Rs442,439, up Rs1,114
- Gold (international, per ounce): $4,933, up $13
- Silver (per tola): Rs8,046, up Rs32
According to the All-Pakistan Gems and Jewellers Sarafa Association, 10-gram gold also recorded a significant increase, climbing Rs1,114 to Rs442,439.
On the international front, gold prices rose by $13 per ounce to reach $4,933. This included a $20 premium, which further boosted the local gold price in Pakistan. The international surge was influenced by safe-haven demand and market fluctuations in global economies.
Silver prices mirrored gold’s upward trend, increasing by Rs32 to reach Rs8,046 per tola. Analysts noted that this rise reflects overall strength in the precious metals market.
Market experts advise investors to monitor global trends closely, as the gold price can be highly sensitive to changes in international bullion rates, currency fluctuations, and geopolitical developments.
The current momentum indicates strong demand for gold and silver, both as an investment and a safe-haven asset. Traders expect further volatility in the coming days, with international bullion trends likely to influence local pricing.
In other news read more about Silver Rate in Pakistan Shows Mixed Trend Amid Global Market Signals
For now, buyers and investors are watching the market closely, taking advantage of rising gold rates while remaining cautious of potential short-term fluctuations.
