In local markets, gold per tola price increased by Rs3,178, reaching Rs406,778 per tola. Experts are calling it one of the most significant jumps in the history of gold prices.

At the same time, international markets also recorded a sharp rise. Global gold prices rose by $37 per ounce, reaching $3,855 per ounce. Analysts believe this trend is mainly driven by global uncertainty and fluctuations in the US dollar.

Investors worldwide are treating gold as a safe haven, pushing its demand and value higher. Economists say that in Pakistan, the rising cost of gold has become a serious burden on common people, especially those planning weddings and buying jewelry.

Local gold traders confirm that customer footfall has declined, and most buyers now purchase gold only out of necessity rather than choice.

Another major factor behind Pakistan’s rising gold prices is the falling value of the rupee. When the rupee weakens against the dollar, the cost of imported goods, including gold, rises instantly.

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Globally, increasing geopolitical tensions, higher oil prices, and instability in world economies are fueling gold’s rapid price hike. Experts highlight that whenever the world economy faces pressure, investors shift towards gold, driving its prices up sharply.

Gold has once again proved to be the most sensitive indicator of economic uncertainty. For Pakistani families, especially those preparing for weddings, the rising price is a heavy burden. Globally, investors are rushing to gold because of instability, and that means prices may keep climbing further.