Gold prices continue to increase in Pakistani and global gold markets, as the precious metal increased with 3700 rupee in Per Tola while the price of 10 gram increased Rs 3172.
According to the All Pakistan Gems and Jewelers Association, gold per tola in the country has now reached Rs 543,262, while the price of 10 grams of gold has increased by Rs 3,172 and has reached Rs 465,759.
On the other hand, the price of silver per tola remained stable and remained at Rs 9,354. Gold has also become more expensive at the global level, where the price of gold per ounce has increased by $ 37 and has reached $ 5,205.
According to experts, the increase in the price of gold in the global market is affected by inflation, uncertainty in the international market and the strength of the US dollar.
Consumers and investors are being advised to make investment decisions keeping in mind the current price situation, as there is a possibility of continuous fluctuations in the market.
Industry experts report that many traditional buyers are hesitant to commit to new purchases. This reluctance stems from a surge in shipping and insurance premiums—unforeseen costs that many are unwilling to absorb—coupled with a lack of guarantee regarding timely delivery.
Faced with mounting storage fees and funding costs, UAE-based traders have begun offloading their inventory at prices approximately $30 per ounce lower than the London global benchmark.
The UAE, particularly Dubai, serves as a critical axis for the global gold trade. It acts as a primary export gateway to Asia and a vital transit point for gold arriving from Switzerland, the United Kingdom, and various African nations. The current disruption highlights the vulnerability of these supply chains to regional geopolitical instability
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