Gold Price Rises for Second Consecutive Day in Pakistan as Bullion Market Extends Gains

Gold prices in Pakistan continued their upward momentum on Thursday, marking the second consecutive day of gains as both local and international bullion markets recorded fresh increases. The latest rise reflects ongoing strength in global gold prices, which continues to influence domestic rates.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold per tola increased by Rs. 400, taking it to Rs. 425,436. The steady climb signals sustained demand for the precious metal amid fluctuations in international markets.

The price of 10 grams of gold also moved higher, gaining Rs. 434 to settle at Rs. 364,742. The increase follows a similar upward trend recorded a day earlier, extending the recovery in Pakistan’s bullion market.

Gold prices in Pakistan are closely linked to movements in the international market, as changes in global bullion rates and currency exchange trends directly affect domestic pricing. Even modest gains in international gold prices can translate into noticeable increases in local markets.

The latest rise comes as investors worldwide continue to monitor global economic conditions, inflation expectations, central bank policies, and geopolitical developments. These factors often drive demand for gold, which is widely regarded as a safe-haven asset during periods of economic uncertainty.

For local buyers and investors, higher gold prices can influence purchasing decisions, particularly for jewellery, investment bars, and coins. While rising prices may reduce short-term consumer demand, many investors continue to view gold as a reliable store of value and a hedge against inflation.

Jewellers and market participants will continue to keep a close watch on international bullion prices in the coming days, as further movements could determine whether the current upward trend continues. Exchange rate fluctuations and global market sentiment are also expected to play a key role in shaping domestic gold prices.

With gold maintaining its position as one of Pakistan’s preferred investment assets, any sustained increase in international rates is likely to have a direct impact on the local bullion market. Investors and consumers alike will be watching closely for further price updates as market conditions evolve.