Karachi, Pakistan – Staff Reporter: Gold prices have surged again in both global and local markets after a brief decline a day earlier, reflecting renewed momentum in precious metals trading.
In the international bullion market, the price of gold increased by $30 per ounce, reaching $4,753 per ounce, signaling continued investor interest amid global economic uncertainty.
Following the global trend, prices in Karachi’s local bullion markets also recorded a significant rise. The price of 24-karat gold per tola increased by Rs3,000, reaching Rs497,662, while the price for 10 grams of gold rose by Rs2,572 to Rs426,664.
Meanwhile, silver prices also moved upward, with per tola silver increasing by Rs130 to Rs8,014, and 10 grams of silver rising by Rs111 to Rs6,870.
Market analysts attribute the rebound to global economic uncertainty and fluctuating geopolitical conditions, which often drive investors toward safe-haven assets like gold.
