According to the All Pakistan Gems and Jewellers Association, the price of 1 tola of gold increased by a significant Rs3,700 today. This jump pushed the rate from Rs340,500 to Rs344,200 in local markets — a surprising twist just 24 hours after prices had crashed.

That’s not all. The price of 10 grams of gold also rose sharply by Rs3,173, now being sold at Rs295,096. Market experts believe this sudden increase reflects rising demand and investor anxiety amid regional uncertainty and economic pressure.

The silver market wasn’t left behind either. The price of 1 tola of silver rose by Rs82, reaching Rs3,482, while the price of 10 grams of silver climbed by Rs71, hitting Rs2,985. This indicates that both gold and silver are becoming the go-to options for people looking to secure their money in volatile times.

Meanwhile, in the international gold market, prices also soared. The price of gold per ounce increased by 37 dollars, reaching a new high of 3,258 dollars. This global trend is being driven by inflation concerns, rising geopolitical tensions, and safe-haven buying.

It’s important to remember that just yesterday, Pakistan’s gold market recorded its biggest ever single-day drop — a shocking Rs10,000 per tola decrease. That sudden crash left many stunned, but today’s dramatic rebound has added a new layer of mystery to the market’s behavior.

Analysts say today’s price hike shows how sensitive the gold market is to political events, public sentiment, and global trends. Investors who thought yesterday was a buying opportunity might be smiling today, while others are rushing to make decisions before the next big move.

With economic uncertainty, currency fluctuations, and regional instability — especially due to India’s recent aggressive posturing — precious metals like gold and silver are once again becoming Pakistan’s economic safety nets.