Gold prices have surged once again in both international and local markets, raising concerns among buyers and investors amid ongoing economic uncertainty.

According to latest data, gold in the global market climbed by $48 per ounce, reaching $4493 per ounce. This sharp increase quickly impacted local markets, where prices also moved upward significantly.

In Pakistan’s bullion market, the price of one tola gold jumped by Rs4800, reaching a new record high of Rs472062. Similarly, the price of 10 grams of gold increased by Rs4116, settling at Rs404717.

In contrast, silver prices remained stable, with one tola holding steady at Rs7554, showing no major change despite fluctuations in gold rates.

It is worth noting that just a day earlier, gold prices had declined slightly. In the international market, gold fell by $10 per ounce to $4445, while in Pakistan, one tola dropped by Rs1000 to Rs467262. However, the latest surge has reversed that trend and pushed prices to new highs.

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Economic experts attribute the continuous rise in gold prices to global economic uncertainty, currency fluctuations, and increasing demand for safe haven investments. As investors look for stability, gold continues to attract attention as a reliable store of value.

Analysts warn that if this upward trend continues, gold prices may rise further in the coming days, making it increasingly difficult for ordinary consumers to purchase jewelry while keeping investor interest strong.