Gold prices in Pakistan have reached a record level, coming very close to Rs. 6 lakh per tola, after the largest single-day increase ever recorded in the local market. The sharp rise has caught the attention of buyers, investors, and traders across the country.
According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold increased by Rs. 21,100 in one day, taking the rate to Rs. 551,662 per tola. At the same time, the price of 10 grams of gold rose significantly to Rs. 472,961. This sudden jump reflects strong pressure from global markets as well as local demand.
The increase in local prices followed a major rally in international gold markets. Globally, gold crossed the $5,200 per ounce mark for the first time, just ahead of an important policy decision by the U.S. Federal Reserve. Investors around the world are turning to gold as a safe option amid economic uncertainty, which has pushed prices higher.
Silver prices in Pakistan also climbed to an all-time high, showing a similar trend to gold. The rise in silver further indicates strong demand for precious metals as people look for ways to protect their wealth against inflation and currency fluctuations.
Market experts say that such rapid price movements are influenced by global economic conditions, interest rate expectations, and currency trends. They advise buyers and investors to stay informed and carefully monitor the market before making any decisions.
This information is shared for general awareness only and is based on available reports. It does not serve as financial or investment advice. Prices may vary depending on the market and timing, so readers are encouraged to confirm rates from official and reliable sources before making any financial decisions.
