Gold, silver prices surge sharply in Pakistan
Bullion prices spike as global demand drives Pakistan market higher
ISLAMAD: Gold and silver prices experienced a sharp surge in both international and local markets on Wednesday, reflecting strong demand and bullish momentum in the global bullion trade.
According to a private news channel, international gold prices jumped by $157 per ounce, reaching $4,814, indicating heightened investor interest and safe-haven buying.
Gold Rates in Pakistan Today – Daily Gold Price Update – 7 April 2036
In Pakistan, the impact was immediate. The price of gold per tola rose by Rs15,700, climbing to Rs504,162, while the price for 10 grams increased by Rs13,460 to Rs432,237, marking one of the steepest single-day gains in recent memory.
Silver prices also trended upward, with per-tola rates rising by Rs440 to Rs8,184. Analysts attribute the surge to global economic uncertainties and increased demand for precious metals as a secure investment.
The rapid rise in bullion prices is expected to influence local jewellery markets, with consumers potentially adopting a cautious approach amid soaring costs.
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