Gold and silver prices recorded a sharp rebound in Pakistan on Tuesday, ending a three day decline and signaling renewed volatility in the bullion market. Gold per tola jumped by Rs13,700 to reach Rs540,062, offering relief to traders after heavy losses earlier in the week. Silver prices also moved upward, with silver per tola rising by Rs416 to settle at Rs8,821.
The recovery followed a brief pause in the local market, which had seen gold prices fall sharply below the Rs500,000 mark in recent sessions. The sudden reversal highlights how sensitive bullion prices remain to both domestic sentiment and global financial movements.
In the international market, gold prices climbed by $137 per ounce to reach $4,813, while silver posted an even stronger performance, gaining around 10 percent to trade at $87.40 per ounce. The global upswing provided direct support to local prices, as Pakistan’s bullion market closely tracks international trends along with exchange rate movements.
Market analysts say the recent volatility is driven by uncertainty around global interest rate expectations, shifting investor demand, and broader economic signals from major economies. Concerns over inflation, currency stability, and safe haven demand continue to influence gold’s short term direction.
Experts caution that while the rebound is significant, price swings may continue in the coming days. Investors are advised to remain cautious, as gold and silver prices are likely to stay reactive to global market developments and policy signals.
