Gold prices in Pakistan experienced a massive rally on Wednesday, March 25, 2026, as domestic rates adjusted to a significant jump in international bullion markets.
Gold prices per tola surged by over Rs. 15,000, reclaiming ground after a period of intense volatility. According to the All-Pakistan Sarafa, Gems, and Jewellers Association (APSGJA), the price of 24-karat gold rose to Rs. 479,262 per tola, marking a single-day increase of Rs. 15,200.
This sharp incline is attributed to the combined impact of rising international prices and fluctuations in the interbank exchange rate.
Silver followed the bullish trend of the yellow metal, seeing a substantial hike in both local and global markets. Silver 24K (Tola): Increased by Rs. 370, reaching Rs. 7,824.Silver 24K (10g): Settled at Rs. 6,707, up by Rs. 317.
Global Context and Drivers in the international market, spot gold jumped to $4,565 per ounce, gaining $152 during the session. Similarly, international silver rose to $73.40, an increase of $3.70. Market analysts suggest the surge is driven by Geopolitical Tension.
Ongoing instability in the Middle East continues to push investors toward “safe-haven” assets. The US dollar and shifts in interbank rates have made bullion more expensive in local currency terms. Growing demand for silver in industrial sectors, alongside investor hedging, has fueled the white metal’s recovery.”
The current market reflects a ‘buy the dip’ sentiment after the recent slump. While volatility remains high, the underlying demand for gold as a hedge against economic uncertainty is keeping the floor high,” noted a representative from the Sarafa Association.
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