Gold prices in Pakistan surge again, erasing yesterday’s slump

Gold prices in Pakistan rebounded sharply on Thursday, reversing losses from the previous session and highlighting continued volatility in the bullion market.

According to the latest market data, the price of gold surged by Rs 4,400 per tola, pushing it up to Rs 483,962. Similarly, the rate for 10 grams of gold increased by Rs 3,772, reaching Rs 414,919. The recovery comes just a day after a notable decline, when prices had dropped significantly following a recent rally.

In the previous session, gold had fallen by Rs 5,500 per tola to Rs 479,562, while 10 grams slipped to Rs 411,147. That drop was seen as a correction after gold briefly touched record highs near Rs 493,962 earlier in the week.

Market analysts attribute the latest rebound to ongoing fluctuations in international gold prices, as well as currency movements and persistent global uncertainty. Gold, often viewed as a safe-haven asset, continues to react strongly to geopolitical tensions, inflation concerns, and shifts in investor sentiment.

Experts caution that the market is likely to remain unstable in the near term, with prices expected to move in response to global economic signals. Investors are closely watching international trends before making further decisions, as both upward spikes and sudden corrections remain possible.