Gold prices in Pakistan continued to climb steadily as international bullion values surged, supported by rising global interest rates and increased investor demand for safe-haven assets amid economic uncertainty.

Global Factors Driving Gold’s Momentum

The surge in gold prices is driven by a combination of factors:

  • Rising US and European interest rates, elevating opportunity costs but increasing inflation hedging demand
  • Geopolitical tensions prompting investors to seek stability in assets like gold
  • Central bank purchases and safe-haven accumulation by sovereign wealth funds

Local Market Reflects International Pricing Trends

In Pakistan, the local gold market mirrored global gains. The per tola and 10-gram rates for 24-karat gold showed an increase today, aligning with upward trends in London Bullion Market Association (LBMA) pricing and global futures contracts.

Impact on Investors and Jewelers

The rise is prompting diverse reactions:

  • Jewelry buyers are recalibrating budgets or delaying purchases
  • Traders are increasing inventories expecting further gains
  • Investors are rebalancing portfolios to include more gold exposure as inflation hedges

Analyst Outlook: Continued Upside Expected

Market analysts believe that unless major central banks reverse their rate hikes or global tensions ease, gold prices may continue their ascent. They expect local trends in Pakistan to stay bullish in the near term.

Advisory for Pakistan’s Traders and Consumers

Experts suggest:

  • Buyers should compare local rates daily and consider smaller purchases
  • Investors may benefit from holding gold in pesos or grams rather than large quantities
  • Jewelers are advised to secure spot positions early to avoid price volatility

Conclusion: Gold Remains a Trusted Asset in Shifting Markets

With international rates rising and central bank policies tightening, gold remains a trusted asset class for both portfolio diversification and inflation protection. The ongoing upward trajectory underscores the metal’s continued relevance in uncertain economic times.