Gold prices in Pakistan climbed on Thursday, with the rate for 24-karat gold rising by Rs1,000 per tola to settle at Rs427,436, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association.
The increase follows a sharp rally the previous day, when local prices surged by Rs4,600 to reach Rs433,836 per tola.
The sustained upward trajectory reflects broader strength in international precious metals markets, where spot gold has been trading higher amid persistent global demand and currency pressures.
Local gold premiums in Pakistan have remained elevated as traders adjust to international price movements.
The recent volatility underscores the sensitivity of the local market to global spot trends, with daily fluctuations often exceeding Rs1,000 per tola.
Investors and jewelers are monitoring the trend closely, as continued strength in international gold prices could push local rates higher in the coming sessions.