Gold price in Pakistan witnessed a fresh increase on Tuesday, reflecting continued volatility in the domestic bullion market amid global economic uncertainty and investor caution. According to the latest figures released by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-karat gold rose by Rs900 per tola, highlighting strong underlying demand despite mixed global signals.
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Gold Price in Pakistan Today – Latest Rates
In the local market, 24-karat gold was sold at Rs481,862 per tola, compared to Rs480,962 in the previous session. On a per-gram basis, 10 grams of 24-karat gold increased by Rs771, reaching Rs413,118.
Lower-purity gold also followed the upward trend. The price of 22-karat gold stood at Rs378,705 per 10 grams, making gold jewelry more expensive for retail buyers across Pakistan.
This steady rise reinforces gold’s role as a preferred hedge against inflation, currency depreciation, and economic uncertainty in Pakistan.
Silver Prices in Pakistan Follow Gold’s Uptrend
Alongside gold, silver prices in Pakistan also moved higher. 24-karat silver per tola increased by Rs180, settling at Rs9,075, while 10 grams of silver gained Rs154, closing at Rs7,780.
The synchronized movement in precious metals indicates sustained investor interest, particularly from those seeking safer asset classes during uncertain market conditions.
Gold and Silver Performance – Key Market Snapshot
A comparison of precious metal performance shows the strength of the ongoing uptrend:
Over the day-on-day period, gold gained Rs900 per tola, while silver added Rs180. On a one-month basis, gold prices have increased by approximately Rs29,600 per tola, whereas silver has risen by Rs2,611. From the start of the fiscal year, gold has surged by over Rs131,000 per tola, underlining its exceptional performance. On a calendar year-to-date basis, gold remains up nearly Rs25,000, while silver has added more than Rs1,300.
These figures highlight why gold price in Pakistan continues to attract investors, traders, and long-term savers alike.
Global Gold Prices and Economic Impact
In the international market, spot gold traded near $4,593 per ounce, slipping marginally by $5 or 0.11% from the previous session. The slight decline was attributed to profit-taking by investors and ongoing uncertainty surrounding the global economic outlook.
Despite the mild correction, global gold prices remain historically elevated, providing strong support to domestic gold rates in Pakistan. Fluctuations in the US dollar, interest rate expectations, and geopolitical developments continue to influence bullion prices worldwide.
What This Means for Investors and Consumers
For investors, the rising gold price in Pakistan signals continued momentum in precious metals as a defensive investment. For consumers, particularly those planning weddings or jewelry purchases, higher prices may prompt cautious buying or delayed decisions.
Market experts suggest that gold prices may remain volatile in the short term, with any major movement in global interest rates or currency markets likely to have a direct impact on local bullion prices.
Outlook for Gold Price in Pakistan
Looking ahead, analysts expect gold price in Pakistan to stay firm as long as inflationary pressures, currency risks, and global economic uncertainty persist. Any significant movement in international gold prices or the Pakistani rupee could further influence domestic rates.
For now, gold continues to shine as one of the most closely watched commodities in Pakistan’s financial landscape.