Gold prices in Pakistan surged sharply on Wednesday. The bullion market witnessed an unprecedented rally. Rates crossed the Rs5.5 lakh mark for the first time.
According to market sources in Karachi, gold gained Rs21,100 per tola in a single session. The new price settled at Rs551,662 per tola. This surge surprised traders and investors alike.
The price of 10-gram gold also jumped significantly. It increased by Rs18,090. The new rate reached Rs472,961.
The strong rise reflected global market momentum. Local demand also remained firm.
Latest Gold and Silver Rates
Below are the updated bullion prices recorded today.
| Metal | Unit | Latest Price (Rs) | Change |
|---|---|---|---|
| Gold | Per Tola | 551,662 | +21,100 |
| Gold | 10 Grams | 472,961 | +18,090 |
| Silver | Per Tola | 11,911 | +271 |
These prices were reported from major bullion markets. Karachi remained the reference center.
Gold Prices by Karat Category
Different purity levels showed sharp gains across the board.
| Unit | 22K Gold | 21K Gold | 18K Gold |
|---|---|---|---|
| Per Tola | 497,291 | 474,687 | 406,875 |
| Per 1 Gram | 42,635 | 40,697 | 34,883 |
| Per 10 Gram | 426,350 | 406,971 | 348,832 |
| Per Ounce | 1,208,418 | 1,153,490 | 988,706 |
Higher karat gold remained more expensive. Jewelry manufacturers monitored prices closely.
Global Gold Market Impact
International bullion markets fueled the rally. Gold prices climbed by $211 per ounce. They reached a record $5,293, including a premium.
This marked the first-ever break above the $5,200 level. Investors reacted ahead of the upcoming US Federal Reserve policy decision.
Market uncertainty pushed investors toward safe-haven assets. Gold benefited the most from this shift.
Silver Prices Reach New Peak
Silver prices in Pakistan also moved higher. The per tola rate rose by Rs271. It touched a new all-time high of Rs11,911.
This increase followed global silver trends. Industrial demand supported the price movement.
Market Outlook
Analysts expect continued volatility in coming sessions. Global monetary signals may influence prices further. Short-term corrections remain possible.
Despite fluctuations, gold remains a trusted store of value. Many investors continue to track today gold rates in Pakistan for informed decisions.
Rising prices may affect jewelry purchases. However, long-term investors remain confident.
Staying updated on today gold rates in Pakistan helps buyers plan better. Market awareness reduces financial risk.
