The precious metal reached Rs386,500 compared to Rs384,000 on the previous day, according to the All Pakistan Sarafa Gems and Jewellers Association.

The price of 10 grams of 24 karat gold climbed by Rs2,143 to Rs331,361 from Rs329,218, while 10 grams of 22 karat gold increased by Rs1,964 to Rs303,758 from Rs301,794.

In the international market, gold also showed a strong upward trend, gaining US$27 to settle at US$3,645 per ounce against US$3,618 earlier.

Silver too registered an increase in the domestic market. The rate of 24 karat silver rose by Rs130 per tola, closing at Rs4,456, while the price of 10 grams went up by Rs112 to Rs3,820.

Internationally, silver traded at US$42.28 per ounce, showing an increase of US$1.3, further pushing global investors toward precious metals.

The continuous rise in gold and silver prices is not just a local concern but part of a global trend driven by economic uncertainty, inflationary pressures, and

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For the local market, where the rupee is already under strain and purchasing power is weakening, such price hikes are squeezing the middle class and jewellery markets. If the international rally continues, affordability will decline further, forcing many families to rethink traditions like gold purchases for weddings and savings.