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Gold, silver prices rise in Pakistan as 24K gold gains Rs2,400 per tola to Rs424,236

AI Market Summary
Pakistan's gold and silver prices rose in tandem with a global bullion rally, with international gold reported near $4,018/oz. The country's pricing formula (international price plus $20/oz) mechanically amplifies pass-through to local markets, reinforcing sensitivity to global flows. The move highlights renewed demand for safe-haven assets and can tighten regional physical market sentiment in the short term.
Impact level
● Medium
Affected assets
NCCOGOLD2USD/USDT+0.17%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Gold and silver prices in Pakistan rose on Saturday, tracking strength in global bullion markets. The price of 24K gold increased by Rs2,400 per tola to Rs424,236, while 10 grams gained Rs2,057 to Rs363,713. Silver rose by Rs41 per tola to Rs6,070. International gold climbed by $24 to $4,018 per ounce, and Pakistan’s pricing formula sets local gold at $20 per ounce above the global rate.
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