KARACHI, Pakistan — Gold prices climbed once again in local markets, while silver hit record highs, reflecting rising demand for precious metals amid global economic uncertainties. Traders report that investors are increasingly turning to gold and silver as safe-haven assets in response to currency fluctuations and inflationary pressures.
Market analysts attribute the surge to a combination of international market trends, rising commodity prices, and heightened investor sentiment. Gold, traditionally seen as a hedge against inflation, continues to attract buyers, while silver’s record-breaking performance signals strong industrial and investment demand.
Local dealers noted that gold prices increased by several hundred rupees per tola, while silver crossed historic thresholds, prompting heightened activity in jewellery and bullion markets. Experts warn that the trend may continue as global uncertainties persist, including geopolitical tensions and shifting central bank policies.
Consumers and investors are being advised to closely monitor market movements, as volatility in precious metals markets can lead to rapid price swings. Economists suggest that while gold and silver offer protective value, timing and market awareness remain critical for maximizing returns.
The rally in precious metals highlights the enduring appeal of gold and silver as financial safeguards, particularly in times of economic instability and currency depreciation. Investors and market watchers will continue to track these trends closely in the coming weeks.
This story has been reported by PakTribune. All rights reserved.