Gold prices in Pakistan extended their upward momentum on Thursday as international bullion rates strengthened amid shifting global economic sentiment and easing geopolitical fears. Investors also tracked developments linked to tensions in the Middle East, which continue to influence commodity markets worldwide.
According to data shared by the All Pakistan Gems and Jewellers Association, gold prices recorded another increase in the local market, reflecting the trend seen in global trading sessions.
Gold and Silver Prices Record Fresh Gains
The price of per tola gold in Pakistan increased by Rs1,400, reaching Rs504,862 compared to the previous close of Rs503,462. Similarly, the price of 10 grams of gold rose by Rs1,200 to settle at Rs432,837.
In the international market, gold also posted gains, rising by $14 to $4,825 per ounce. The increase highlights continued demand for safe-haven assets as investors respond to global uncertainty and inflation concerns.
Silver prices followed the same upward trajectory. The per tola rate increased by Rs110 to Rs8,514, while 10 grams of silver climbed by Rs94 to Rs7,299.
The consistent rise in precious metals reflects strong investor interest amid fluctuating global conditions.
Global Factors Driving Market Movement
Market analysts link the surge in gold prices in Pakistan to developments in international markets, particularly expectations surrounding potential de-escalation in geopolitical tensions involving the US and Iran.
Although optimism about an eventual resolution has eased some pressure, uncertainty continues to keep investors focused on safe-haven assets like gold and silver.
Inflation concerns and shifting interest rate expectations in major economies have also contributed to volatility in bullion prices.
Pakistan Stock Exchange Opens Strong
Alongside the bullion rally, the Pakistan Stock Exchange (PSX) also showed strong performance. The benchmark KSE-100 Index gained 1,617 points, or 0.96%, reaching 170,137.05 during early trading.
The index recorded an intraday high of 170,899.16 and a low of 168,941.31. Trading volume stood at 235.88 million shares, indicating active investor participation in the market.
The previous session had closed at 168,519.94 points, making the latest gains a continuation of positive momentum.
Investor Confidence Shows Improvement
Market observers say the rise in both equities and commodities reflects improving investor sentiment. Participants are closely monitoring regional developments as well as domestic economic indicators.
The strength in the stock market, combined with rising gold prices in Pakistan, suggests that investors are balancing risk exposure while responding to global uncertainty.
Analysts believe that sustained stability in external conditions could further support market confidence in the coming sessions.
The continued increase in precious metal prices highlights the sensitivity of Pakistan’s markets to global economic and geopolitical shifts. While optimism around easing tensions offers some relief, uncertainty remains a key driver of investor behavior.
As both gold and stock markets move upward, traders are expected to stay cautious while watching international developments closely.