Karachi, Pakistan – Gold and silver prices registered significant gains on Monday in both global and local markets, reflecting renewed demand for safe-haven assets .
In the international bullion market, gold climbed to $4,202 per ounce, with a notable increase recorded at the start of the trading week . Similarly, silver rose $1.89 per ounce to $66.71 in global markets .
In Pakistan’s local bullion market, the price of 24-karat gold per tola surged by Rs4,643 to close at Rs442,636, while the price per 10 grams jumped Rs4,179 to Rs378,345, according to the All-Pakistan Gems and Jewellers Sarafa Association .
Silver prices also moved higher locally, rising Rs189 per tola to Rs7,151, while the rate for 10 grams of silver increased Rs170 to Rs6,079 .
Market analysts attributed the rally to ongoing uncertainty surrounding the implementation of the US-Iran peace agreement and persistent inflationary pressures, which have pushed investors toward safe-haven assets .
