KARACHI – Gold rates in local market soared to an all-time high, driven by growing investor interest and strong international momentum. On Sunday, price of single tola of gold hovered at Rs359,000.
The rate for 10 grams of gold also climbed significantly, rising by Rs. 5,229 to settle at Rs. 307,784. Meanwhile, silver prices saw a slight increase, with one tola up by Rs. 53, now priced at Rs. 3,953.
Today Gold Rates in Pakistan
City | Price per Tola | Price per 10 Grams |
---|---|---|
Karachi | Rs359,000 | Rs. 307,784 |
Islamabad | Rs359,000 | Rs. 307,784 |
Lahore | Rs359,000 | Rs. 307,784 |
Multan | Rs359,000 | Rs. 307,784 |
Peshawar | Rs359,000 | Rs. 307,784 |
On the global stage, gold continued its bullish run, gaining $61 to hit $3,363 per ounce, reflecting investor concerns over economic uncertainty and inflationary pressures worldwide.
Those familiar with development linked surge to safe-haven buying amid geopolitical tensions and expectations of central bank policy shifts. Market watchers suggest the upward trend may persist if current economic conditions continue.