KARACHI (Web Desk) – Gold prices moved higher in both international and domestic bullion markets on Thursday, extending recent gains as global investors continued to monitor economic developments, inflation expectations and central bank policies. While gold registered modest gains, silver prices declined in Pakistan, reflecting a mixed trend in the precious metals market.
According to bullion market data, the international price of gold increased by four dollars per ounce, reaching $4,030. The rise in global prices immediately influenced Pakistan’s local bullion market, where dealers revised gold rates upward in line with international trading.
In the domestic market, the price of one tola of gold increased by Rs400, taking the new rate to Rs425,436. Similarly, the price of 10 grams of gold rose by Rs343, settling at Rs364,742.
Bullion traders said local gold prices generally move in line with international market trends while also reflecting changes in the rupee-dollar exchange rate. Even a small increase in global prices can influence domestic rates because Pakistan imports a significant portion of its gold requirements.
Market participants noted that international investors continue to view gold as a preferred safe-haven asset during periods of economic uncertainty and geopolitical tensions. Demand for the precious metal often strengthens when concerns grow over inflation, financial market volatility or global political developments.
Analysts said expectations regarding interest rates in major economies also remain an important factor influencing gold prices. Investors closely watch signals from central banks, particularly the US Federal Reserve, as any indication of future monetary policy changes can affect the appeal of non-yielding assets such as gold.
Despite the latest increase, traders described Thursday’s movement as relatively modest, saying the market continues to fluctuate within a narrow range as investors await fresh economic indicators.
Jewellers across Pakistan reported that higher prices continue to affect consumer demand, particularly for jewellery purchases. Many buyers are limiting purchases to essential occasions such as weddings, while investment demand remains comparatively stronger among those seeking protection against inflation.
Gold has traditionally been regarded as a reliable store of value in Pakistan, especially during periods of economic uncertainty and currency depreciation. Investors often turn to bullion as a hedge against inflation and financial instability.
While gold recorded gains, silver prices moved in the opposite direction in the local market.
The price of silver per tola declined by Rs134, bringing the new rate down to Rs6,155. Likewise, the price of 10 grams of silver fell by Rs115, reaching Rs5,276.
Bullion dealers said silver prices tend to experience greater volatility because the metal is influenced by both investment demand and industrial consumption. Changes in manufacturing activity and industrial demand can have a significant impact on silver prices compared with gold.
Market experts believe precious metals are likely to remain sensitive to upcoming global economic data, currency movements and geopolitical developments. Any significant changes in international markets could quickly be reflected in Pakistan’s bullion prices.
Traders advised investors to monitor daily market trends before making major buying or selling decisions, noting that fluctuations in international bullion markets and exchange rates can rapidly alter local prices.
Bullion associations are expected to continue revising local rates daily in accordance with international market movements, ensuring domestic prices remain aligned with global trading trends.
Although Thursday’s increase in gold prices was relatively small, analysts said continued uncertainty in the global economy could keep precious metals in focus for investors seeking stable assets, while silver may remain under pressure amid changing industrial demand and market sentiment.
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