Gold prices in Pakistan rose further on Monday, with the rate for 24-karat gold per tola climbing Rs1,700 to settle at Rs428,436.
The increase, confirmed by the All Pakistan Sarafa Gems and Jewellers Association, marks the latest step in a sustained upward trajectory for the precious metal in the South Asian market.
The local move mirrors broader international strength, with global gold futures maintaining their elevated levels.
This session’s gain follows a period of intense buying pressure, including a Rs3,600 jump on Thursday and a sharper Rs12,200 surge on Friday, as reported in recent Handelsavisen coverage. The consistency of the daily gains suggests that local demand is firmly anchored to global price action rather than isolated speculative spikes.
For traders and investors, the persistence of these highs underscores the continued safe-haven appeal of gold amid global economic uncertainty.
The local premium remains a key indicator of currency pressure and import costs in Pakistan, where gold imports are a significant component of the trade balance.