Gold Prices Rise in Pakistan Following International Market Trends
Gold prices in Pakistan increased on Wednesday, tracking the upward movement in global precious metal markets. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola rose by Rs300, bringing the local rate to Rs354,665.
Meanwhile, the price of 10 grams of gold rose by Rs258, settling at Rs304,068.
Gold Rebounds After Tuesday’s Dip
The rise comes a day after gold prices had dipped by Rs3,800 per tola, dropping to Rs354,365 on Tuesday. The rebound suggests renewed demand and positive sentiment in both local and international markets.
PSX Rebounds with Over 600-Point Surge Amid Geopolitical Uncertainty and Global Market Volatility
International Gold Price Also Moves Higher
Globally, the price of gold increased by $3 on Wednesday. The international gold rate stood at $3,330 per ounce, including a $20 premium, as per data shared by APGJSA.
Silver Prices Inch Upward
Silver also witnessed an upward adjustment:
-
Silver price per tola increased by Rs26 to reach Rs3,764
-
10-gram silver rate adjusted proportionately, reflecting overall stability in the precious metals segment
Outlook: What This Means for Investors
The gold price uptick indicates sustained investor interest in safe-haven assets amid market volatility and currency fluctuations. For jewellery buyers, traders, and investors, monitoring global cues remains crucial as international trends continue to influence local rates.
As the global economic outlook shifts, so too may gold and silver prices—making real-time updates and market insights increasingly important.