Gold prices in Pakistan have surged significantly for the second consecutive day, reflecting a broader shift in the global market. As of today, the price of 24-carat gold has risen by 1,400 Pakistani rupees per tola, reaching a new high of 282,200 PKR. This increase is largely driven by global market movements, including a rise in gold’s price per ounce, which jumped by $13 to $2,703.

Silver prices have also experienced a boost, with a 10-gram silver rate climbing by 71 rupees, further enhancing the precious metals market’s appeal. Experts suggest that this upward trend in gold prices could continue, as market conditions remain volatile and global uncertainty persists.

This rise in gold prices has significant implications for both investors and consumers in Pakistan, as many seek to safeguard their wealth against inflation and economic instability. While the global market continues to show bullish trends, local gold traders are advising caution, as future price fluctuations remain unpredictable.