Gold prices in Peshawar remain stable on Tuesday morning after a sudden increase in gold prices on the previous day as the price of gold per ounce in the international bullion market increased by $92 to $4,424 per ounce.
On the other hand, in the local bullion markets, the price of 24-carat gold per tola increased by Rs9,200 to Rs464,762, while the price of gold per 10 grams increased by Rs7,888 to Rs398,458.
Financial institutions and investment banks around the world are expecting gold prices to remain strong overall in 2026, but claims are also circulating on social media and some informal financial platforms that a decline or significant correction in gold prices may be seen this year.
According to experts, if the global economy stabilizes, interest rates remain high, and the dollar remains strong, the recent gold boom may come under pressure. However, continuous purchases by central banks, geopolitical uncertainty, and investors’ tendency towards safe assets may support gold. Therefore, the picture of the gold market in 2026 is not clear but appears to be full of rumors, conflicting forecasts, and volatility.
According to a member of the Karachi Gold Association, gold and silver are currently on a bullish trend in the global and local markets, and there are currently no solid signs of a decline in prices. He said that gold made an upper high of about $ 100 on Monday and maintained a position of $ 88 plus during trading, which is a sign of the presence of strong buyers. Silver prices are also showing a positive trend and have increased by $ 4 in the market, which indicates that the bullishness in the commodity market is continuing.
He added that geopolitical tensions at the global level are a key factor. The recent tension between Venezuela and the United States, and the involvement of major countries like China, Saudi Arabia, Iran, and Russia in it, are making the situation more sensitive. He said that if any kind of military action is taken by the United States, this conflict could turn into a wide-scale world war, the effects of which will directly affect commodities like gold and silver. In such situations, investors usually turn to safe assets.
Market trend and investment opportunities. According to the dealer, if the current global and economic conditions continue, the price of gold in Pakistan may reach about Rs. 600,000 per tola by the end of the year, while silver prices are also likely to increase gradually.
A member of the Rawalpindi Sarafa Association said that unusual fluctuations in gold prices are possible at the beginning of 2026, but the overall trend will remain bullish. According to him, gold will maintain its strong position and has the potential to set new levels. He added that temporary corrections are possible, but overall gold will remain stable rather than under pressure, and investors should pay attention to market fundamentals rather than rumors.
