The sharp rise pushed the rate to a staggering Rs364,900 from the previous Rs361,200. This sudden spike has stirred curiosity and concern among investors and buyers alike.

Likewise, the price of 10 grams of 24 karat gold jumped by Rs3,171, now trading at Rs312,842 compared to Rs309,671 a day earlier. The 22 karat gold also saw an upward movement, increasing by Rs2,917 and settling at Rs286,782 from Rs283,865.

Silver wasn’t left behind either. Its rate per tola climbed by Rs46, now standing at Rs4,081, while the 10 gram silver rate rose by Rs39, now priced at Rs3,498. These changes hint at a broader trend in the precious metals market.

Globally, gold prices surged by $37 in the international market, hitting $3,424 from the previous $3,387. Silver too followed the trend, inching up by $0.46 and now standing at $39.34 per ounce compared to $38.88.

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This unexpected surge in gold and silver prices could signal shifting economic dynamics—possibly due to currency pressures, international market trends, or speculative buying.

The steep Rs3,700 increase per tola may prompt consumers to either rush into purchases before further hikes or back off, waiting for a potential correction. As global uncertainty remains high, precious metals are once again asserting their role as a financial safe haven.