Gold and silver prices witnessed a significant surge in both international and domestic markets, reflecting heightened volatility and strong investor demand for precious metals.In Pakistan’s local bullion market, the price of gold per tola jumped by Rs7,100, settling at Rs533,562.
The rate for 10 grams also increased by Rs6,087, reaching Rs457,443.In the international market, gold prices rose by $71 per ounce, pushing the global rate to $5,108 per ounce.Silver followed the same upward trend domestically, with the per tola price climbing by Rs374 to Rs8,948, in line with gains recorded in global trading.The rally comes a day after another notable increase in bullion rates worldwide. Earlier, gold had climbed by $25 per ounce in the international market to close at $5,037.
In Pakistan, per tola gold had gained Rs2,500 to reach Rs526,462, while the 10-gram rate increased by Rs2,144 to Rs451,356.Silver had also strengthened in the previous session, with per tola prices rising by Rs170 to Rs8,574 and the 10-gram rate up by Rs145 to Rs7,350.Market analysts attribute the sustained upward momentum to shifting global demand patterns, ongoing economic uncertainty, and renewed investor interest in gold and silver as traditional safe-haven assets.
