Gold prices in Pakistan have once again surged to a new record high, continuing the bullish momentum seen over the past week. The increase is primarily driven by strong international gold demand and economic uncertainty fueling safe-haven investments.
| Purity | Per Tola (11.67g) | Per 10 Grams | Per Gram | Per Ounce |
|---|---|---|---|---|
| 24K Gold | PKR 452,300 | PKR 387,780 | PKR 38,778 | PKR 1,099,089 |
| 22K Gold | PKR 414,608 | PKR 355,465 | PKR 35,546 | PKR 1,007,498 |
| 21K Gold | PKR 395,762 | PKR 339,307 | PKR 33,931 | PKR 961,703 |
| 18K Gold | PKR 339,225 | PKR 290,835 | PKR 29,084 | PKR 824,317 |
📊 These new rates reflect a sharp rise of over PKR 10,000 per tola in 24K gold compared to the previous week — marking another all-time high in Pakistan’s bullion market.
🌍 Global Market Influence
International gold prices remain elevated, trading around $4,241 per ounce, supported by:
- Weakened U.S. dollar and softening Treasury yields.
- Geopolitical tensions in key global regions.
- Strong investor sentiment toward precious metals amid inflation concerns.
Analysts suggest that gold could maintain this uptrend if the Federal Reserve continues with its dovish monetary stance and global uncertainties persist.
💱 Currency & Economic Impact
The Pakistani Rupee is trading steadily near PKR 282.60 per USD in the inter-bank market.
However, because Pakistan imports gold, even minor fluctuations in the USD/PKR rate can heavily influence domestic gold pricing.
Local jewelers and traders expect sustained demand for gold, particularly with the wedding season approaching, which could maintain pressure on prices.
📌 Market Outlook
- Gold’s outlook for the coming days remains bullish, with possible consolidation near record levels.
- Retail buyers are advised to track daily price movements, as small intraday changes could create buying or selling opportunities.
- Traders should also monitor global central bank announcements, as interest rate expectations remain a key driver of gold prices.
Stay updated with Daily Forex Pakistan for verified daily gold rate updates and market insights.
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