Gold prices have shattered all previous records after a sharp surge in the global market, marking one of the strongest single-day gains in recent history.
In international trading, gold prices jumped by $158 per ounce in a single day, pushing the metal to a new all-time high of $5,240 per ounce.
One-Day Surge Shocks Markets
Market data shows that gold recorded a rise of more than 3 percent in just one session, a move analysts are calling historic.
Experts say such a sharp increase reflects growing uncertainty in global financial markets, prompting investors to move aggressively toward safe-haven assets like gold.
Why Gold Is Rising So Fast
According to market analysts, several key factors are driving the surge:
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The US dollar has fallen to its lowest level in nearly four years
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Rising geopolitical tensions worldwide
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Anticipation ahead of the US Federal Reserve’s monetary policy decision
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Strong global demand for gold as a hedge against uncertainty
Since the beginning of 2026, gold prices have already increased by around 20 percent, highlighting sustained bullish momentum.
Pakistan Likely to See Major Price Hike
The global rally is expected to have a direct impact on Pakistan’s local bullion market.
Sarafa dealers predict that:
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Gold prices in Pakistan could rise by up to Rs 15,000 per tola
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Current local rate stands near Rs 530,526 per tola
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Prices may cross Rs 545,000 per tola in the coming days
Silver prices are also expected to move upward in response to global trends.
What This Means for Buyers and Investors
While the surge has benefited investors holding gold, it has made jewelry purchases more expensive for consumers. Analysts advise buyers to carefully monitor market movements, as volatility may remain high in the short term.
Gold, however, continues to strengthen its position as a preferred store of value amid global economic uncertainty.
