Gold prices in Pakistan witnessed a sharp increase, rising by Rs13,300 per tola to Rs563,862, as escalating geopolitical tensions affected both local and international markets.
The price of 10 grams of gold also climbed significantly, gaining Rs11,402 to reach Rs483,420, reflecting strong investor demand for safe-haven assets amid global economic uncertainty.
Silver followed the upward trend, increasing by Rs188 per tola to Rs10,050, signaling continued interest in precious metals as investors seek security amid rising regional conflicts.
Also read: Gold and Silver Hit Record Prices After Trump Threatens New Tariffs on Europe
International Markets Fuel Local Gains
Globally, gold surged by $133 per ounce, reaching $5,411, driven by concerns over geopolitical instability and its impact on financial markets. Analysts say these international movements directly influence local commodity prices in Pakistan.
Market experts noted that both gold and silver had been trending upward toward the end of last week, with the latest spike underscoring renewed risk aversion among investors.
Analysts expect that persistent geopolitical tensions could continue to push gold and silver prices higher in Pakistan, while traders closely monitor international rates to anticipate further movements in the coming days.
