Gold Prices Surge in Pakistan: Per Tola Up by Rs 7,700, 10-Gram Up by Rs 6,602

Karachi: Gold prices in Pakistan have recorded a significant increase, reflecting a strong upward trend in both local and international markets. According to the All Pakistan Gems and Jewellers Association (APGJA), the price hike has impacted per tola and 10-gram gold rates across the country.

Latest Gold Prices in Pakistan

The local bullion market witnessed a sharp jump in gold prices during the latest trading session.

  • Per tola gold price increased by Rs 7,700
  • 10-gram gold price rose by Rs 6,602
  • Prices reached new record levels nationwide
Gold TypePrevious Price (PKR)Increase (PKR)New Price (PKR)
Per Tola473,2627,700480,962
10 Grams405,7456,602412,347

International Gold Market Update

The rise in local gold prices follows a strong surge in the global bullion market, where gold also gained substantial value.

  • Global gold prices increased by $77 per ounce
  • New international rate reached $4,586 per ounce
  • Investors shifted towards safe-haven assets
MarketPrice BeforeIncreaseCurrent Price
International (Per Ounce)$4,509$77$4,586

Economic Factors Behind the Price Increase

Economic analysts link the gold price surge to rising geopolitical tensions, particularly between Iran and the United States. These developments have increased uncertainty in global markets.

  • Growing regional tensions boosting gold demand
  • Possible rise in global fuel prices
  • Inflationary pressure expected on local economies

Impact on Pakistan’s Economy and Consumers

Experts warn that continued instability may further affect commodity prices in Pakistan, increasing the financial burden on consumers.

  • Higher fuel costs may follow
  • Inflationary risks could rise
  • Gold may remain volatile in coming days

Conclusion

The sharp increase in gold prices highlights growing uncertainty in global markets, driven largely by geopolitical tensions. With international gold rates climbing and fuel prices expected to rise, Pakistan’s economy and consumers may face additional pressure in the near future if the trend continues.

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