Gold prices in Pakistan today
All Pakistan Sarafa Gems and Jewelers Association on Tuesday released the latest gold and silver prices in Pakistan for traders and the general public.
According to the updated rates, gold prices recorded a strong recovery in local bullion markets.
• Gold 24-karat per tola: Rs492,462 (+Rs4,100)
• Gold 24-karat per 10 grams: Rs422,206 (+Rs3,515)
• Gold 22-karat per 10 grams: Rs387,036 (+Rs3,222)
• Gold per ounce in international market: $4,701 (+$41)
Silver prices also surge
Silver prices also witnessed a notable increase in domestic and international markets.
• Silver 24-karat per tola: Rs8,908 (+Rs395)
• Silver 24-karat per 10 grams: Rs7,637 (+Rs339)
• Silver per ounce in international market: $84.24 (+$3.95)
Bullion market remains volatile
Bullion market experts said precious metal prices continue to fluctuate due to changes in international market trends, geopolitical tensions and global economic uncertainty.
They noted that movements in the international gold market directly impact domestic bullion prices in Pakistan.
Analysts expect volatility to continue in the coming days as investors closely monitor global economic and political developments.
Analysts expect volatility to continue in the coming days as investors closely monitor global economic and political developments.
Meanwhile, bullion traders said investor interest in safe-haven assets remained strong amid uncertainty in global financial markets. They added that fluctuations in the dollar and international commodity prices may continue influencing domestic bullion rates.