Gold prices in Pakistan soared to a new all-time high on Tuesday, reaching Rs. 435,100 per tola after a sharp single day increase of Rs. 6,900. The rise mirrors a global uptrend as investors turn to the precious metal amid growing economic uncertainty.
According to the latest market reports, the price of 10 grams of gold climbed by Rs. 5,916, now selling at Rs. 373,028. The dramatic surge has once again made gold a key safe-haven asset for investors looking to protect their wealth.
On the international front, gold crossed $4,100 per ounce for the first time in history. Analysts attribute the rally to renewed U.S.-China trade tensions and expectations of potential U.S. interest rate cuts, both of which have boosted demand for the metal.
While gold prices continued their upward streak, silver remained stable at Rs. 5,247 per tola, showing little movement despite global volatility.
Experts predict that if geopolitical and economic pressures persist, gold could climb even higher in the coming weeks. For now, the market continues to reflect investors’ strong confidence in gold as a stable and long-term store of value
