KARACHI: Gold costs in Pakistan noticed a pointy improve on Saturday, February 28, 2026, following good points within the worldwide bullion market after america and Israel launched a significant assault on Iran, the All Pakistan Sarafa Gems and Jewelers Affiliation (APSGJA) reported.
The worth of pure gold per tola rose by Rs10,000, settling at Rs550,562, whereas 10 grams of pure gold elevated by Rs8,574 to Rs472,018.
Silver costs additionally climbed, with the worth per tola rising by Rs388 to Rs9,862.
Within the worldwide market, gold costs jumped $100 to $5,278 per ounce.
The assaults by Israel and america have escalated tensions within the Center East, additional dimming hopes for a diplomatic decision to Tehran’s long-standing disputes with the West.
Market analysts mentioned the outlook for gold stays bullish amid ongoing world financial uncertainty and sustained investor demand for safe-haven property. They highlighted that gold’s intrinsic worth, restricted provide, and independence from authorities or central financial institution insurance policies make it a dependable hedge towards inflation, forex depreciation, and broader financial instability.
Analysts added that geopolitical tensions — together with armed conflicts, commerce disputes, and heightened market volatility — usually drive traders away from riskier property akin to equities and speculative currencies, shifting demand towards bullion, which generally helps gold costs even during times of broader financial stress.
Lengthy thought to be an emblem of wealth and prosperity, gold continues to serve not solely as a decorative asset but additionally as a monetary safeguard. Its safe-haven attraction has strengthened in recent times as each institutional and retail traders search safety amid persistent world financial and political uncertainty.
