Gold prices in Pakistan climbed on Tuesday, February 24, 2026, in line with a strong upward trend in the international bullion market, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA).
The price of 24-karat gold per tola rose by Rs3,400, reaching Rs539,962 compared to Rs536,562 a day earlier.
Similarly, the price of 10 grams of 24-karat gold increased by Rs2,915 to Rs462,930 from Rs460,015. Meanwhile, 10 grams of 22-karat gold gained Rs2,672, settling at Rs424,367 compared to Rs421,695 on the previous trading day.
Silver prices also moved higher. The rate per tola increased by Rs192 to Rs9,286 from Rs9,094, while 10 grams of silver rose by Rs165 to Rs7,961 from Rs7,796.
In the international market, gold prices advanced by $34 to $5,172 per ounce from $5,138, while silver surged by $1.92 to $88.02 per ounce, the association reported.
Bullish Outlook Amid Global Uncertainty
Market analysts say the outlook for gold remains bullish amid persistent global economic uncertainty and sustained demand for safe-haven assets.
They noted that gold’s intrinsic value, limited supply, and relative insulation from government and central bank policies make it a reliable hedge against inflation, currency depreciation, and broader economic instability.
Analysts further explained that geopolitical tensions — including armed conflicts, trade disputes, and heightened market volatility — often push investors away from riskier assets such as equities and speculative currencies toward bullion. This shift typically supports gold prices even during periods of economic stress.
Long regarded as a symbol of wealth and prosperity, gold continues to serve not only as an ornamental asset but also as a financial safeguard. In recent years, its safe-haven appeal has strengthened as both institutional and retail investors seek protection against ongoing global economic and political uncertainty.
