Gold prices recorded a strong rebound on Monday in both Pakistan and global markets, recovering from a slight dip in the previous session. The rise reflects steady investor demand and renewed interest in safe-haven assets.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola increased sharply, reaching a new level in the local market. The upward movement followed gains in international gold rates, which supported domestic prices.

The price of 10 grams of 24-karat gold also moved higher, while 22-karat gold showed a similar upward trend. Traders said buying interest remained strong as investors looked to hedge against economic uncertainty and currency movements.

In the international market, gold prices climbed further as global investors continued to favor precious metals. Analysts linked the increase to concerns over inflation, geopolitical risks, and shifting trends in major currencies. These factors have kept gold in focus as a preferred store of value.

Silver prices also followed gold’s upward path. The rate of 24-karat silver per tola increased, while the price of 10 grams of silver moved higher as well. Market participants noted that silver often mirrors gold’s direction during periods of strong demand.

Also Read: Pakistan Navy conducts successful missile firing in North Arabian Sea

Jewellers said the latest surge may affect short-term buying, especially for wedding-related purchases. However, investors remain optimistic about gold’s outlook if global uncertainty persists.

Market experts advise buyers to closely watch international bullion trends and local market signals, as further volatility is expected in the coming days.