Gold Price Today Surges by Rs1,700 in Pakistan

Pakistan – (Staff Reporter/Web Desk) – Gold price today moved upward in Pakistan’s local bullion market, bringing good news for buyers and investors alike. On Monday, the rate of 24-karat gold per tola went up by Rs1,700, reaching a new value of Rs428,436. This update came from the All Pakistan Sarafa Gems and Jewellers Association, which tracks daily gold and silver rates across the country.

The rise wasn’t limited to just one weight measure. The price of 10 grams of 24-karat gold also went up. It increased by Rs1,457, bringing the new rate to Rs367,314. Buyers looking for slightly lower purity gold also saw a jump. The 22-karat gold rate for 10 grams rose by Rs1,335, now standing at Rs336,716.

These small but steady increases show how closely local gold rates follow global market movements. Many Pakistani households track these numbers daily, especially during wedding seasons or festive months when gold buying rises sharply.

The international market played its part in this local price hike. Gold prices worldwide climbed by $17, taking the rate to $4,060 per ounce. Global demand, currency shifts, and investor sentiment often influence these numbers, and Monday’s rise reflects a positive mood among international traders.

Since Pakistan imports most of its gold, any change abroad quickly reflects in local shops and markets. This is why experts always advise checking both local and international rates before making a big purchase.

Silver Prices Also Move Higher

Silver wasn’t left behind either. The metal saw a gentle but noticeable rise across both local and global markets.

In Pakistan, the price of silver per tola went up by Rs54, reaching Rs6,291. Meanwhile, the rate for 10 grams of silver increased by Rs46, now standing at Rs5,393.

On the international front, silver prices rose by $0.54, taking the global rate to $58.12 per ounce. This steady climb in silver value often mirrors gold’s performance, as both metals are commonly seen as safe investment options during uncertain economic times.

For everyday buyers, small increases like these might not seem huge, but they add up quickly, especially for larger purchases like jewelry sets or bridal gold. If you’re planning a big purchase soon, keeping an eye on daily updates can help you choose the right time to buy.

Many people also use these daily rate changes to decide whether to invest in gold as a long-term saving option. Since gold often holds its value even during inflation, it remains a popular choice among Pakistani families.

Overall, Monday brought a positive trend for both gold and silver in Pakistan. With prices rising in the local and global markets, it’s clear that investor confidence remains strong. Whether you’re buying for personal use or long-term saving, staying updated with daily rates can help you make smarter financial decisions.

As always, prices may shift again tomorrow, so it’s wise to check the latest updates before heading to the market.