Gold prices in Pakistan have reached an all-time high, creating shockwaves across local markets as both gold and silver recorded sharp gains in a single session. The sudden jump has caught buyers, investors, and jewellers off guard, highlighting how quickly precious metals are moving amid global uncertainty.
Gold Price Jumps by Rs. 6,500 Per Tola
According to market data, the price of one tola of gold surged by Rs. 6,500, reaching a new historic peak of Rs. 521,162 per tola. This marks one of the sharpest single-day increases seen in recent times.
Similarly, 10 grams of gold rose by Rs. 5,573, taking its price to Rs. 446,812, another record level that reflects intense buying pressure and rising global prices.
Silver Also Touches New Highs
The rally was not limited to gold. Silver prices also climbed sharply, with one tola of silver increasing by Rs. 526 to reach Rs. 10,801 per tola, setting a new peak in the local market.
This parallel rise shows that investors are increasingly turning to precious metals as a hedge, not just gold but silver as well.
Global Gold Prices Break Psychological Barriers
On the international front, gold prices surged dramatically. Global gold gained $65 per ounce, reaching a new record of $4,988 per ounce.
The sharp rise in international prices directly influenced Pakistan’s local bullion markets, as domestic rates closely follow global trends.
Why This Surge Matters for Pakistan
Such a steep increase has multiple implications:
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Jewellery buyers face higher costs
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Investors see increased portfolio value
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Market volatility creates uncertainty for short-term buyers
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Safe-haven demand appears to be strengthening
With gold crossing half a million rupees per tola, many Pakistanis are reassessing buying and selling decisions.
Final Thoughts
The latest jump confirms that gold is no longer moving gradually — it is leaping. With both local and global prices setting new records, the precious metals market has entered an unusually aggressive phase. Whether this momentum continues or stabilizes will be closely watched in the coming days.
For now, gold’s rise has firmly rewritten price expectations in Pakistan.
