Gold rate in Pakistan today showed a noticeable increase as both local and global markets recorded upward movement. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the gold rate in Pakistan today rose by Rs1,300 per tola, reaching Rs423,862. This increase reflects steady investor demand amid global economic uncertainty.
The price of 10 grams of 24-karat gold also climbed by Rs1,115 to reach Rs363,393. Meanwhile, 10 grams of 22-karat gold were priced at Rs333,122, marking an increase of Rs1,022. These steady gains show growing confidence in gold as a safe investment option during volatile economic conditions.
In the international market, gold prices went up by $13 per ounce, settling at $4,015. The rise came as investors turned to precious metals due to shifting global currency trends and concerns over inflation.
Alongside gold, silver prices also moved upward. The price of silver per tola increased by Rs25 to Rs5,152, while 10 grams went up by Rs22 to Rs4,417. Internationally, silver was trading at $48.90 per ounce after a modest rise of $0.25.
The consistent rise in gold and silver prices indicates continued investor interest in precious metals. Analysts expect this trend to persist if global markets remain uncertain and inflation pressures stay strong.
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