Gold Prices Surge Again in Pakistan, Near Rs. 5.1 Lac Per Tola
Gold rates in Pakistan made a strong comeback after slipping in the previous session, as both local and global markets showed renewed momentum. The recovery comes on the back of a sharp rise in bullion prices across Gulf and European markets, pushing rates upward.
In the international market, gold jumped by $45 per ounce, climbing to $4,837. This upward trend was quickly reflected in Pakistan, where the price of gold per tola surged by Rs. 4,500 to reach Rs. 506,062.
Likewise, the rate for 10 grams of gold also saw a noticeable increase of Rs. 3,858, settling at Rs. 433,866. Just a day earlier, gold was trading at Rs. 501,562 per tola, highlighting the speed of the latest recovery.
Silver prices followed a similar path. The price of silver per tola rose by Rs. 118, reaching Rs. 8,562.
Why Gold Prices Are Rising in Pakistan
The latest increase in gold prices is largely linked to international market movements, especially gains in European and Gulf bullion markets. Currency fluctuations and investor demand for safe-haven assets are also playing a key role in driving prices higher.
Gold Rate Outlook in Pakistan
With global trends remaining volatile, analysts believe gold prices in Pakistan may continue to fluctuate in the coming days. Investors are closely watching international cues, which are likely to shape the next direction of the market.
