Gold, silver, and Bitcoin prices surged in Pakistan and global markets as investors moved toward safe-haven and digital assets amid inflation fears and economic uncertainty.
WEBDESK – UzGul – MEDIABITES NEWS
Gold Prices Continue Record-Breaking Rally
Gold prices in Pakistan and international markets witnessed another strong increase on Friday as investors continued shifting toward safe-haven assets amid global economic uncertainty. The rising trend reflects growing concerns over inflation, currency fluctuations, and unstable financial conditions worldwide.
In Pakistan, the price of 24-karat gold climbed to Rs. 462,400 per tola, reaching one of the highest levels recorded in the local bullion market. Meanwhile, international gold prices stood at $4,511 per ounce, supported by strong global demand and cautious investor sentiment.
Market analysts believe uncertainty surrounding international trade, interest rates, and economic slowdown fears is pushing investors toward precious metals for financial security.
Silver Prices Remain Strong in Local Markets
Silver prices also maintained upward momentum in both domestic and international markets. In Pakistan, silver was traded at Rs. 7,910 per tola, while international silver prices hovered around $75 per ounce.
Bullion traders say silver is benefiting from both investment demand and industrial usage, particularly in technology and renewable energy sectors. The metal continues attracting buyers looking for lower-cost alternatives to gold during volatile market conditions.
Experts note that fluctuations in the US dollar and global commodity markets are playing a major role in influencing local precious metal prices.
Bitcoin Crosses Rs. 29 Million in Pakistan
Bitcoin continued its impressive rally and traded above Rs. 29 million in Pakistan’s cryptocurrency market. The world’s largest digital currency has gained renewed investor attention as global interest in crypto assets rises again.
Financial experts say both institutional and retail investors are increasingly diversifying portfolios with digital assets alongside traditional safe-haven investments like gold and silver.
Analysts expect commodity and crypto markets to remain highly active in the coming weeks as investors monitor global economic developments and inflation trends.
