Gold prices climbed again on Thursday, tracking strong gains in international bullion markets and sustained investor demand.
In the global market, gold rose by $22 per ounce to reach $4,334. The increase pushed domestic prices higher across Pakistan’s bullion markets.
According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of 24-carat gold increased by Rs 2,200 to reach Rs 455,762 per tola. The rate for 10 grams also rose by Rs 1,800, reaching Rs 390,742.
Silver prices also moved higher during the session. The price of silver per tola rose by Rs 78 to Rs 6,900, while the 10-gram rate increased by Rs 67 to Rs 5,915.
Read: Gold Prices Drop Sharply in Pakistan Following Global Market Decline
Analysts link the rally to persistent global demand and safe-haven buying amid economic uncertainty. Investors continue to favour gold as a hedge against inflation and market volatility.
Some forecasts indicate that momentum may slow down in the future. Morgan Stanley expects gold to remain strong but predicts that gains will ease starting in 2026. The bank estimates prices could peak at $5,000 to $5,500 per ounce following a significant two-year rally.
