Meanwhile, gold prices in Pakistan climbed 3,600 rupees per tola on Thursday, reflecting gains in the international bullion market and a growing demand for the precious metal.
The All Pakistan Gems and Jewellers Sarafa Association said the price of one tola rose to Rs433,836 after the latest increase.
In addition, the association added that the domestic market followed the upward trend in global gold prices, which have remained volatile amid international economic uncertainty.
Furthermore, the 10‑gram price also increased, reaching Rs371,944 after a rise of Rs3,086.
Consequently, dealers noted that fluctuations in international bullion prices and movements in the exchange rate continue to influence gold prices in Pakistan on a daily basis.
Meanwhile, gold gained $36 per ounce, taking the global price to $4,113 per ounce.
Moreover, market analysts linked the rise to continued investor interest in safe‑haven assets amid geopolitical tensions and uncertainty surrounding global economic conditions.
Gold is widely seen as a hedge against inflation and market volatility.
However, higher prices may affect retail demand, as consumers often delay buying during periods of sharp price increases.
As a result, investment demand for gold tends to remain resilient, as many investors view the metal as a reliable store of value during uncertain economic conditions.
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Meanwhile, experts will continue watching global interest rate expectations, currency movements and geopolitical events, as these mosquitoes are expected to influence the direction of gold prices in the coming days.
Any significant shift in the global bullion market will likely affect domestic gold prices in Pakistan.
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