Gold prices in Pakistan have increased significantly after a recent drop. The price of gold per tola rose by Rs. 4,600 in a single day and now stands at Rs. 477,762 in local markets.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the rate for 10 grams of gold also jumped by Rs. 3,943, bringing it to Rs. 409,603.
This sharp rebound comes after international gold prices gained strength, climbing by $46 per ounce in the global market. The rise in international rates directly pushed up prices in Pakistan.
Market analysts say the increase is driven by ongoing global economic uncertainty, rising inflation concerns, and strong demand for gold as a safe investment. After facing a decline in recent days, the bullion market has shown a quick recovery.
The continuous fluctuation in gold prices has kept investors and jewellery buyers alert. Many people are closely watching daily rates before making big purchases, especially ahead of the wedding season and Eid.
Experts believe gold prices may remain unstable in the coming days due to changes in the international market and exchange rates.
