KARACHI – Gold prices in Pakistan continued their sharp upward trend for the sixth consecutive day, reaching near Rs550,000 per tola as demand remains high amid ongoing tensions between Iran and the United States. The sustained rise reflects both local and international market pressures.
The price of 24-karat gold per tola surged by Rs3,400, reaching Rs539,962, while 10 grams of 24-karat gold rose by Rs2,915 to Rs462,930. Similarly, 10 grams of 22-karat gold increased by Rs2,672 to Rs424,367, reflecting steady investor interest.
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In the international market, gold prices per ounce also climbed by $34 to reach $5,172, contributing to the rising local rates and signaling continued global demand for the precious metal amid geopolitical uncertainties.
Silver prices in Pakistan mirrored gold’s upward trend, with silver per tola increasing by Rs192 to Rs9,286, while 10 grams of silver rose by Rs165 to Rs7,961, further demonstrating heightened investor activity in precious metals.
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The surge in precious metals comes as investors seek safe-haven assets in response to geopolitical risks and economic uncertainty, with both gold and silver benefiting from elevated demand across retail and institutional markets.
Market analysts expect gold and silver prices to remain volatile in the short term, emphasizing that fluctuations are likely to continue as global political and economic developments influence investor behavior and trading patterns.