Gold, silver prices recorded a noticeable increase in both international and local markets after a four-day pause. The upward trend reflects changing global conditions and rising investor interest in precious metals.
In the international bullion market, gold prices climbed by $10 per ounce. The rate reached around $5,010 per ounce. This increase influenced domestic rates, where gold, silver prices also moved higher.
In Karachi, local gold markets reported gains. The price of gold per tola rose by Rs1,000. It reached Rs523,762. Meanwhile, the price for 10 grams increased by Rs857 to Rs449,041.
Silver prices also followed the upward trend. The per tola rate increased by Rs128 to Rs8,569. Similarly, the price per 10 grams rose by Rs110 to Rs7,346. These changes highlight how gold, silver prices are closely linked in both global and domestic markets.
Globally, spot gold increased by 0.2 percent to around $5,013 per ounce. US gold futures for April delivery also showed growth. They rose by 0.3 percent to about $5,018 per ounce. Spot silver gained 0.3 percent, reaching nearly $80.97 per ounce.
Market analysts link this rise to geopolitical tensions. Concerns around the Strait of Hormuz continue to affect global trade routes. Although some vessels are passing through, uncertainty remains high. Oil prices staying above $100 per barrel have added to market pressure.
These factors often increase demand for safe-haven assets like gold. As a result, gold, silver prices tend to rise during periods of uncertainty. Investors look for stability when global risks increase.
At the same time, Pakistan’s economic indicators show mixed signals. According to the State Bank of Pakistan, the current account recorded a deficit of $700 million from July to February 2026. This marks a reversal from last year’s surplus.
However, February 2026 showed a temporary improvement. A current account surplus of $427 million was recorded for that month. Despite this, overall economic stability remains fragile.
Experts believe that fluctuations in currency value and global commodity prices will continue to impact local markets. As a result, gold, silver prices may remain volatile in the coming weeks.
In other news read more about Gold, Silver Prices Rise in Pakistan Amid Global Market Gains
Overall, the recent rise highlights how international developments shape local trends. Investors and buyers are advised to monitor market changes closely as uncertainty continues.
