Gold prices in Pakistan have reached an all-time high, creating fresh attention in the local bullion market. The price of gold jumped by Rs. 10,900 per tola, pushing the rate to a historic Rs. 532,062 per tola.
At the same time, the price of 10 grams of gold also increased sharply and now stands at Rs. 456,175. Traders say the sudden rise reflects strong global trends and growing uncertainty in international markets.
In the global market, gold prices also moved to record levels. The price of gold climbed by $109 to reach $5,097 per ounce.
Analysts link this sharp increase to ongoing geopolitical tensions, which have pushed investors toward gold as a safe investment. When global uncertainty rises, gold often becomes more attractive, leading to higher prices both internationally and locally.
While gold was breaking records, Pakistan’s stock market also showed strong performance. The Pakistan Stock Exchange reached a new milestone as the benchmark KSE-100 index crossed 191,000 points for the first time in its history.
This historic achievement reflects growing investor confidence and strong buying activity across several major sectors.
Market experts said the rally in stocks was driven by heavy demand in automobile, cement, fertilizer, oil and gas, and power sector shares. Improved earnings expectations and positive economic sentiment also supported the upward trend.
The simultaneous rise in gold prices and the stock market highlights mixed investor behavior, with some seeking safety in gold while others continue to invest in equities. Analysts believe market movements will remain sensitive to global developments in the coming weeks.
