Gold Prices Jump in Pakistan Today

Gold prices in Pakistan rose sharply on Saturday, marking a major jump in local and international markets. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold increased by Rs1,900 per tola. The new rate stands at Rs397,700 per tola, up from the previous day. Similarly, the price for 10 grams of 24K gold climbed by Rs1,629, reaching Rs340,963. This rise reflects strong demand and global market influence.

The price of 22-karat gold also moved upward. It rose by Rs1,493 for 10 grams and now stands at Rs312,560. These consistent increases show growing investor interest in precious metals. Jewelers and market watchers are seeing more buyers due to ongoing economic uncertainty. Many investors turn to gold as a safe-haven asset. The local price rise mirrors the global trend.

Gold rates also surged in the international market. Prices increased by $19 per ounce, bringing the rate to $3,759. Analysts link the jump to global market volatility and currency fluctuations. Investors are shifting to gold to protect against inflation and financial instability. This global demand has a direct impact on Pakistan’s domestic gold prices.

Silver prices followed a similar upward trend both locally and globally. In Pakistan, 24K silver rose by Rs105 per tola, reaching Rs4,704. The price of 10 grams of silver increased by Rs90, now standing at Rs4,032. In the international market, silver rose by $1.05 per ounce, reaching $46.05. Like gold, silver is benefiting from increased demand in uncertain times.

Experts suggest these price hikes may continue if global financial conditions remain unstable. Local jewelers expect steady demand in the coming days. Buyers are advised to keep a close eye on market trends. As gold and silver gain popularity, investors are moving away from riskier assets. The precious metals market remains active and closely watched.