With ongoing global economic uncertainty, the renewed interest of investors has caused a noticeable surge in gold prices.

In the international market, gold climbed by 25 dollars per ounce, reaching a new price of 3,351 dollars. This global trend immediately impacted Pakistan’s domestic market as well, where a sharp price hike was recorded.

According to local gold traders, the price of one tola of gold has jumped by Rs2,500, reaching Rs357,600. Meanwhile, the price of 10 grams rose by Rs2,143, settling at Rs306,584.

Economic experts say that worldwide inflation, fluctuations in the US dollar, and rising geopolitical tensions have led investors to once again view gold as a safe investment. As a result, demand for gold has increased significantly, pushing prices higher.

There are growing concerns that if global conditions do not improve, gold prices may rise even further — directly impacting local buyers and traders in Pakistan.

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The renewed spike in gold prices highlights the volatile nature of the global economy and the shift of investors toward safe-haven assets like gold. With inflation concerns and geopolitical unrest rising, gold is regaining its status as a protective shield.

For the average consumer in Pakistan, however, this surge translates into heavier costs and possibly limited access to the precious metal. If global tensions and dollar instability persist, local markets may see further price hikes, making it crucial for both investors and buyers to monitor trends closely.