Gold prices in Pakistan surged to historic levels on Monday, driven by strong gains in the international market. In the local market, the price of gold per tola jumped by Rs 7,700, reaching Rs 480,962. Similarly, 10-gram gold rose by Rs 6,602, selling at Rs 412,347, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Saturday, gold per tola had already reached Rs 473,262 after a gain of Rs 3,700 during the day, indicating a sharp upward trend in the market. The continuous rise reflects global uncertainties and a strong international demand for gold.

Also Read: Marry aka Umair viral video case update

Internationally, gold prices increased by $77 to $4,586 per ounce, with an additional premium of $20, fueling further increases in domestic rates. Market analysts attribute this surge to geopolitical tensions, inflation concerns, and strong investor demand for safe-haven assets.

Silver prices also followed the upward trend, hitting a record high of Rs 8,895 per tola after an increase of Rs 430. Experts say the combined rally in gold and silver indicates a strong shift toward precious metals amid economic and political uncertainties globally.

Also Read: Gas shortfall eases as SSGC moves to restore supply

Investors and traders are closely monitoring the market, as the rise in prices may continue if international rates remain high. The APGJSA has advised buyers and sellers to stay updated on daily rates, as fluctuations are likely in the coming days.

With both gold and silver reaching record peaks, Pakistan’s jewelry and investment markets are witnessing unprecedented activity, reflecting growing interest in precious metals as a hedge against inflation and market volatility.