Gold prices recorded a modest increase across Pakistan on Thursday, reflecting an upward trend in international bullion markets and continued investor interest in the precious metal.
Read More: Gold and silver prices decline in Pakistan after recent rise
According to figures released by the All Pakistan Gems and Jewellers Association, the price of one tola of gold rose by Rs1,523, taking the new rate to Rs469,285.
Similarly, the price of 10 grams of gold increased by Rs1,305, reaching Rs423,035 in local markets. The latest adjustment follows fluctuations in global gold prices, which often influence domestic rates due to Pakistan’s reliance on international market benchmarks.
Jewellers and traders said the increase was largely linked to movements in the global bullion market, where gold prices strengthened during the trading session. Market participants continue to monitor international economic developments, inflation trends and geopolitical uncertainties that can affect demand for safe-haven assets such as gold.
Data released by industry sources showed that the international price of gold climbed by $14.49 per ounce, reaching $4,468 per ounce. The rise in global prices contributed directly to the increase observed in Pakistan’s local gold market.
Gold remains a popular investment and savings option for many Pakistanis, particularly during periods of economic uncertainty and currency fluctuations. Changes in gold prices are closely watched by investors, jewellers and consumers planning purchases for weddings and other occasions.
Market analysts note that domestic gold rates are influenced by several factors, including international bullion prices, exchange rate movements and local demand conditions. As a result, even modest shifts in global markets can lead to noticeable changes in retail prices across the country.
Despite the latest increase, traders expect gold prices to remain sensitive to developments in international financial markets in the coming weeks. Investors are likely to continue tracking economic indicators and global events that could impact the direction of precious metal prices.
Read More: Gold price up by Rs200 to Rs142,600 per tola
The latest rise adds to the ongoing volatility in the gold market, where prices have experienced frequent fluctuations throughout the year.