The All Pakistan Sarafa Gems and Jewelers Association reported that gold prices climbed sharply from the previous rate of Rs362,200 per tola. Similarly, the price of 10 grams of 24-karat gold rose by Rs428, now being sold at Rs310,956. The 10-gram price of 22-karat gold also increased by Rs392, settling at Rs285,053.

Not just gold — silver is also following the upward trend. Per tola silver surged by Rs149, now priced at Rs4,073, while the price of 10 grams of silver went up by Rs12, reaching Rs349.

In the international market, gold experienced a rise of $5, climbing to $3,400 from $3,395. Silver also saw a modest increase of $0.14, moving up to $38.40 from $38.26.

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This consistent upward momentum in precious metals suggests increasing investor anxiety, possibly driven by global economic uncertainties or fluctuations in currency markets. For local buyers, this hike might signal further inflationary pressures, especially for those planning weddings or large gold purchases in the coming weeks. Silver’s steady climb hints at a broader trend of safe-haven demand.