Gold prices in Pakistan moved higher on Tuesday, tracking an upward trend in global bullion markets after renewed geopolitical uncertainty boosted safe-haven demand.

According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold per tola increased by Rs. 4,600, closing at Rs. 499,962. The rate for 10 grams also rose by Rs. 3,943 to settle at Rs. 428,636.

The rebound followed strong reactions in international markets after US President Donald Trump ordered a blockade targeting Iranian ports in the Gulf, a move that intensified regional tensions and triggered volatility across financial markets.

Traders expect continued price swings in gold as investors closely monitor developments linked to the evolving conflict situation and its potential impact on global trade and energy routes.

In the previous trading session, gold had declined by Rs. 1,600 per tola.

Silver prices also advanced, gaining Rs. 326 to reach Rs. 8,260 per tola in the local market.