Gold, Silver prices climb in Pakistan as global market strength lifts bullion rates

Gold and silver prices moved higher across Pakistan on Saturday, extending gains in the local bullion market amid firm international trends and sustained domestic demand.

According to the All Pakistan Sarafa, Gems and Jewellers Associations, the price of 24-karat gold increased by Rs3,700 per tola, reaching Rs473,262. Similarly, the price of 10 grams of 24-karat gold rose by Rs3,172 to Rs405,745, while 10 grams of 22-karat gold went up by Rs2,908 to settle at Rs371,946.

Bullion market observers said the price hike reflects renewed momentum in the domestic gold market, largely influenced by fluctuations in international prices and continued investor interest.

In the global market, gold recorded a moderate increase, trading at $4,509 per ounce after gaining $37. The rise in international prices also pushed interbank gold rates higher in Pakistan.

Silver prices also posted gains. The rate of 24-karat silver climbed by Rs270 per tola to Rs8,465, while the price of 10 grams rose by Rs232 to Rs7,257. Internationally, silver was trading at $79.90 per ounce, up $2.7.

Analysts noted that the upward trend in both gold and silver highlights growing investor demand for precious metals as safe-haven assets amid persistent economic and market uncertainties.