Global gold prices continue their upward trend, hitting $5,071.79 per ounce after a 2.7 percent surge. Yesterday, international rates had already increased by 5.9 percent, with the price rising $137 per ounce to reach $4,813.

Analysts say that if Pakistan’s gold market follows the global trend, the local price could approach Rs 530,000 per tola. However, this remains an estimate as local factors such as taxes, supply-demand fluctuations, and market conditions can affect the final rates.

Experts warn that Pakistan could see even higher prices in the coming weeks as global demand remains strong and economic uncertainty fuels investor interest in gold as a safe haven.

In January, Pakistan’s exports also recorded a remarkable 35 percent month-on-month growth, reflecting the country’s recovering trade environment, which could further influence the price of precious metals.

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Buyers are advised to stay alert as prices may continue their climb, and jewelers expect increased demand in the local market. Investors are closely watching international developments and currency fluctuations, which directly impact domestic rates.

The rising global trend in gold highlights both investment opportunities and challenges for Pakistan, with potential record-breaking prices expected if the upward momentum continues.