Gold price in Pakistan surged again on Monday, moving further out of the public’s reach as the precious metal crossed Rs 445,000 per tola.
According to All Pakistan Sarafa Gems and Jewellers Association, the relentless upward trend reflects global uncertainty and ongoing pressure on the local currency.
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Gold prices in Pakistan continued their rise in line with the international market, marking another day of significant increase.
According to the bullion market, the rate of gold per tola jumped by Rs 2,700, settling at Rs 446,862. Dealers noted that demand remains stable, but affordability has dropped sharply for ordinary buyers.
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Similarly, the price of 10 grams of gold climbed by Rs 2,315 and reached Rs 383,112.
Market insiders say the continuous appreciation is driven by shifting investor behaviour, as people increasingly treat gold as a safe shelter amid rising inflation and political unease.
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The global market also witnessed an upward push, with gold per ounce increasing by $27 and reaching $4,245.
