On February 23, 2026, gold and silver prices surged significantly in both global and local markets, reflecting a strong bullish trend. Gold prices in Pakistan increased by Rs3,000 to reach Rs534,562 per tola, while silver prices also saw a notable rise. The Multi Commodity Exchange reported that gold futures for April delivery rallied by ₹2,946, or 1.88%, to ₹1,59,822 per 10 grams, with a business turnover of 7,515 lots. The increase in prices is attributed to a combination of factors, including geopolitical tensions and economic uncertainty, particularly following a US Supreme Court ruling on tariffs that has heightened market volatility. As reported by Geo Business, spot gold climbed by 1.1% to $5,158.29 per ounce, while spot silver rose 2.9% to $86.98 per ounce, indicating a robust demand for safe-haven assets amid global financial instability.
BUSINESS
Gold And Silver Prices Rise In Local And Global Markets
67% POSITIVE

On February 23, 2026, gold and silver prices surged globally, driven by geopolitical tensions and economic uncertainty, with gold in Pakistan hitting Rs534,562 per tola amid strong demand for safe-...
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TNBnation.com.pk
THthehindu.com
YT
