Gold prices surged sharply in both Pakistan and international markets on Saturday after two days of stability, leaving investors and buyers taking notice.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold jumped by a staggering Rs5,300 per tola, now standing at Rs444,162. The price of 10 grams of gold also increased by Rs4,544 to reach Rs380,797. Similarly, 10 grams of 22-karat gold rose by Rs4,165 to Rs349,076.

The spike in local gold prices mirrors a global trend. Internationally, gold rose by $53 per ounce to settle at $4,218, reflecting steady investor interest in precious metals amid economic uncertainties and currency fluctuations.

Silver also experienced an upward trajectory. The price of 24-karat silver per tola increased by Rs267 to Rs5,909, while 10 grams of 24k silver saw a hike of Rs229, selling for Rs5,066.

Experts suggest that the surge in precious metals is a direct result of rising global demand, highlighting that “gold price surge in Pakistan” is closely linked to international trends. Investors are keeping a close eye on market movements as both gold and silver continue to reflect economic sentiment.