Pakistan:
Gold prices in Pakistan have witnessed a massive and unprecedented increase, with the price of gold reaching Rs. 532,062 per tola, setting a new record in the country’s bullion market.
The sharp rise has caused concern among consumers, jewellers, and investors alike. Market analysts link the surge to rising international gold prices, currency volatility, and economic uncertainty, making gold an increasingly expensive investment for ordinary citizens.
Jewellers report a noticeable slowdown in retail sales as buyers delay purchases, especially with the wedding season approaching. However, investors continue to see gold as a safe haven amid inflationary pressures and market instability.
Experts warn that if global trends continue, gold prices may remain volatile in the coming days. Consumers are advised to stay informed and plan purchases carefully as the market reacts to both local and international developments.
The latest spike highlights the growing economic pressure on households, as gold — traditionally considered a symbol of security and celebration — moves further out of reach for many Pakistanis.