A sharp hike in international and local markets has made gold even more unaffordable, especially for middle-class families preparing for weddings and savings.

In the international market, the price of gold rose by 31 dollars per ounce, reaching 3357 dollars — the highest in recent months. This global trend has directly impacted Pakistan, where prices surged overnight.

According to the All Pakistan Sarafa and Jewellers Association, the price of 24-karat gold per tola jumped by Rs3,100, now reaching a staggering Rs354,100. Similarly, 10 grams of gold saw an increase of Rs2,658, taking the new price to Rs303,583.

Experts believe this sudden surge is caused by a mix of global economic uncertainty, fluctuating dollar rates, and rising demand for gold in international markets. As investors seek safer options in times of financial instability, gold becomes their top choice — and its price reacts accordingly.

Silver didn’t stay behind either. The price of one tola of silver increased by Rs42, now priced at Rs3,508, as per the association’s report.

Experts warn that unless global and local economies stabilize soon, the price of gold may continue to climb, creating more problems for the average citizen. Whether it’s buying jewelry or saving in gold, this price hike is squeezing the public hard.

The consistent rise in gold prices reflects the fear and uncertainty in today’s economic environment — both globally and in Pakistan. As inflation grows and the rupee struggles, people are turning to gold for safety, unintentionally driving prices even higher.

With every price jump, dreams of buying gold for weddings or investment grow more distant for common people. The real question now is: will the government take steps to stabilize the economy, or will the price of gold keep climbing beyond reach?