Gold prices in Pakistan reached an unprecedented milestone on Monday, crossing the Rs 4 lakh mark per tola for the first time in history.

The rate surged by Rs 5,900, taking the per tola price to Rs 403,600, while 10 grams of gold rose by Rs 5,058 to settle at Rs 346,021.

This sharp increase reflects not only global market pressures but also the economic uncertainty felt at home.

Traders note that while gold has become a safer haven for investors, the spike has discouraged retail buyers, particularly those preparing for weddings or saving for family milestones.

For many households, gold is more than a commodity — it represents tradition, security, and a symbol of stability.

Experts highlight that the rise is closely tied to international bullion trends and the rupee’s depreciation.

As global markets remain volatile, ordinary Pakistanis are left grappling with the impact, where even cultural joys and family celebrations are overshadowed by affordability concerns.