Gold prices rose again on Tuesday in both international and domestic markets, driven by sustained investor demand and ongoing global economic uncertainty.
According to market data, the international bullion market saw an $8 per ounce increase in gold prices, bringing the rate to $3,385.
This upward movement in global prices was mirrored in Pakistan’s local bullion markets. The price of 24-karat gold per tola (11.66 grams) increased by Rs800, reaching Rs356,900, while the price of 10 grams of 24-karat gold rose by Rs684 to Rs305,984.
In contrast, silver prices remained stable, with the rate for silver per tola unchanged at Rs3,482 and 10 grams of silver holding steady at Rs2,985.
Market analysts continue to point to geopolitical tensions and inflationary pressures as key drivers behind the rising gold demand. Investors are increasingly turning to gold as a safe-haven asset amid uncertainty.
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