Gold prices in Pakistan continued their upward trend amid a sharp rise in international rates, making the precious metal even more inaccessible for the general public.
According to market reports, the price of gold in the global market rose by $30, bringing it to $3,040 per ounce.
In response, local prices in Pakistan surged by Rs 3,000 per tola, pushing the rate to Rs 321,000 per tola. The price of 10 grams of gold also jumped by Rs 2,572, now standing at Rs 275,205.
The continued rally in gold prices has placed further financial strain on consumers. Jewellers noted that the combination of global economic uncertainty and a weakening rupee has contributed to the ongoing price hike.
Gold has increasingly become a safe haven investment amid inflation and geopolitical tensions, but for many in Pakistan, the rising cost is putting traditional purchases—such as wedding jewellery—out of reach.
