Gold and silver prices continued their upward momentum on Tuesday, posting strong gains for the second consecutive day in both international and domestic markets.
In the international bullion market, gold rose by $32 per ounce to trade at $4,456 per ounce, extending Monday’s sharp rally.
The global increase was reflected in Pakistan’s local bullion market. The price of 24-carat gold climbed by Rs3,200 per tola to Rs467,962. Meanwhile, the rate for 10 grams increased by Rs 2,743 to Rs 401,201.
Silver prices also moved higher. The per tola rate rose by Rs338 to Rs8,361, while 10 grams of silver increased by Rs290 to Rs7,168.
Read: Gold Prices Jump in Pakistan as Tola Rate Rises by Rs9,200
The gains followed a strong surge on Monday, when international gold prices jumped by $92 per ounce to $4,424. That rally pushed domestic gold prices sharply higher, with 24-carat gold rising by Rs9,200 per tola to Rs464,762. The 10-gram rate also increased by Rs 7,888 to Rs 398,458.
Silver followed a similar trend a day earlier. On Monday, silver prices rose by Rs267 per tola to Rs8,023, while the price for 10 grams increased by Rs229 to Rs6,878.
Market analysts say the continued rise reflects sustained demand for precious metals as investors seek safe-haven assets amid global economic uncertainty and currency volatility. They add that price movements in the coming days will depend on international market signals, interest rate expectations, and geopolitical developments.
