KARACHI: Gold prices in Pakistan continue their upward trend, reaching another historic high as global rates rise. According to the All Pakistan Gems and Jewellers Association (APGJA), the price of gold per tola has increased by Rs 5,500, reaching a record Rs 428,200. Meanwhile, the price of 10 grams of gold rose by Rs 4,715, now standing at Rs 367,112.
In the international market, the price of gold surged by $55 per ounce, now trading at $4,071. Experts link the continuous rise in gold prices to global economic uncertainty, inflationary pressure, and the weakening of local currencies. Analysts also note that investors are turning to gold as a safe-haven asset amid geopolitical tensions and financial instability.
Jewellers in Karachi predict that gold rates may remain volatile in the coming weeks as the global market adjusts to shifting economic trends and dollar strength. For Pakistani buyers, the latest surge means that gold jewelry and investment purchases are now at the highest prices ever recorded in the country’s history.
Also read: Pakistan’s Gold Price Reaches All-Time High: 24K Gold Exceeds Rs. 388,000 Per Tola
