KARACHI – The latest Gold, Silver Rates in Pakistan showed a strong increase over the weekend. The rise follows a sharp upward trend in the international bullion market. Local traders reported higher demand as global prices moved up.
In the domestic market, gold per tola jumped by Rs4,800. It reached a new level of Rs472,062. This increase reflects the direct impact of global price movements on local markets.
The price of 10 grams of gold also recorded a notable gain. It increased by Rs4,116 and settled at Rs404,717. The steady rise in Gold, Silver Rates highlights ongoing volatility in the bullion sector.
Latest Gold and Silver Prices
- Gold (per tola): Rs472,062 (up Rs4,800)
- Gold (10 grams): Rs404,717 (up Rs4,116)
- Silver (per tola): Rs7,454 (no change)
- Gold international (per ounce): $4,493 (up $48)
The recent increase comes after a brief decline in prices. On Friday, gold per tola had dropped by Rs1,000. It closed at Rs467,262, showing short-term market fluctuations.
Internationally, gold prices also moved higher. The global rate rose by $48 per ounce, reaching $4,493. This price includes a premium of $20, which added pressure on local rates.
Despite the surge in gold, silver prices remained unchanged. The rate stayed stable at Rs7,454 per tola. This stability contrasts with the sharp movement seen in gold markets.
Market experts say global economic uncertainty continues to influence Gold, Silver Rates. Ongoing geopolitical tensions, including Iran-US developments, are affecting investor behavior. As a result, demand for gold as a safe asset is increasing.
In other news read more about Gold, Silver Rates in Pakistan Stabilize Amid Market Fluctuations
Analysts expect prices to remain sensitive to international trends. Any further changes in global markets may directly impact local bullion rates in the coming days.
