Yesterday, the precious stone was selling at Rs420,600 on the previous day, according to the All Pakistan Sarafa Gems and Jewellers Association.

The price of 10 grams 24-karat gold also went up by Rs1,800, reaching Rs362,397 from Rs360,597. Similarly, the rate of 10 grams 22-karat gold climbed to Rs332,209 from Rs330,547, showing an overall rise of Rs1,662.

In the international market, gold prices rose by $21 per ounce, settling at $4,016 compared to the previous day’s rate of $3,995. Analysts say the recent hike reflects global uncertainty and renewed investor confidence in the precious metal.

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However, silver prices remained stable. The rate for per tola silver stayed unchanged at Rs5,100, and 10 grams silver also held firm at Rs4,372. International silver rates were steady at $50.13, showing no significant movement.

Gold’s steady rise hints at growing economic unease and safe-haven demand among investors. While global inflation and dollar fluctuations continue to influence prices, experts suggest this could be the start of another bullish trend in the gold market. Silver’s stability, however, signals mixed sentiment across commodity sectors.