
KARACHI: Gold prices in Pakistan reached unprecedented levels yesterday, with a tola now costing Rs 551,662—a jump of Rs 21,100 from the previous day. This represents the highest single-day increase ever recorded in the country’s history.
Market analysts attribute the record-breaking rise to rising global gold prices, which have reached $5,097 per ounce due to strong investor demand and economic uncertainty. The $109 increase in a single day reflects growing interest in safe-haven assets as concerns over inflation, interest rates, and global economic stability persist.
Leading global financial institutions, including Goldman Sachs, predict further gold price increases if current trends continue. Gold could potentially surpass $5,400 per ounce, adding upward pressure on local markets.
This historic increase surpasses the previous single-day record in Pakistan, which occurred on October 17, 2025, when gold prices rose by Rs 14,100 per tola. Silver prices also mirrored this upward trend, hitting a new high of Rs 11,428 per tola.
Experts warn that volatility in international financial markets could sustain elevated precious metal prices in the coming weeks, keeping both gold and silver markets under close watch by investors and consumers alike.
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