Gold in Pakistan maintained its all-time high on Thursday, showing little movement after a historic surge the previous day.
The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported that the price of gold per tola remained unchanged at Rs. 376,700. Likewise, the cost of 10 grams of gold stayed stable at Rs. 322,959.
On the global stage, gold prices also showed stability, trading at $3,540 per ounce, which includes a $20 premium, according to APGJSA data.
Silver Prices Also Hold Firm
Silver in the local market mirrored gold’s stability. The rate per tola remained steady at Rs. 4,315, reflecting a pause after recent fluctuations in the precious metals market.
Analysts Point to Market Caution
Market experts suggest that the temporary steadiness in gold and silver prices could indicate a period of consolidation. Investors appear to be evaluating global economic conditions, currency fluctuations, and potential interest rate decisions before making further moves. The pause comes after a dramatic rise in gold, which has captured widespread attention in both local and international markets.
This period of calm may serve as a precursor to future movements, with analysts closely monitoring both international commodity trends and domestic economic indicators.