Domestic bullion rates rise as international gold markets strengthen amid renewed buying interest.
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Gold prices in Pakistan surged significantly this week, tracking global bullion market gains and stronger investor demand. According to live market data, 24‑karat gold in Pakistan is trading at over Rs. 468,000 per tola, reflecting renewed upward momentum in domestic rates. Gold is also valued around $4,600 per ounce on international markets, underscoring a broad rally in precious metals.
Market analysts say the rise in local gold prices mirrors international trends where gold has remained firm amid ongoing economic uncertainty, with traders turning to safe‑haven assets as global conditions fluctuate. Silver prices in Pakistan also showed modest gains alongside gold, reflecting increased demand for precious metals.
The Karachi Sarafa Bazaar continues to set the daily benchmark for gold rates across cities nationwide, with most major markets following the same trend. Investors and buyers are monitoring the rally closely, especially ahead of festival and wedding seasons, which traditionally boost demand.
Silver also saw gains in domestic markets, with prices rising modestly per tola in line with gold’s upward movement.
