ISLAMABAD: Global financial institutions and investment banks are expressing a positive trend regarding the prices of gold and silver in the year 2026.
Although there is talk of a decline or major correction in prices on social media, experts say that the ground realities are the opposite. The uncertainty of the global economy, interest rates, the value of the US dollar and geopolitical tensions are continuously supporting the prices of precious metals.
According to Abdullah Chand, a senior member of the Karachi Gold Association, gold and silver are currently in a clear bullish state in the global and local markets. He says that there is no strong or credible indication of a significant decline in prices.
In recent days, the price of gold in the global market has increased by about $ 100 in a single day, while prices remained stable during trading, indicating strong demand.
He said that silver prices have also improved significantly. Globally, silver rose by $4 in a few days and reached close to $76, after which prices remained at high levels despite a slight decline. This trend shows that investors are interested in gold as well as silver.
According to Abdullah Chand, geopolitical conditions around the world are still uncertain. When tensions ease in one region, a new conflict arises in another.
In particular, the growing tension between the United States and Venezuela can affect the global market. Venezuela’s vast oil reserves and the interest of countries like China, Russia, Iran and Saudi Arabia are making the situation more sensitive.
Experts say that if military action or a major political crisis occurs at some stage, investors will traditionally turn to safe investments, which will directly benefit gold and silver. Along with this, economic pressure in the United States and the possible weakness of the dollar can also push the price of gold further up.
Regarding silver, it has been reported that the increasing demand for the industrial sector, new technology and electronics is providing additional support to this metal. This is why the price of silver is also expected to increase gradually.
According to Abdullah Chand, if the current global situation continues, the price of gold in Pakistan could reach Rs. 600,000 per tola by the end of the year. On the other hand, Rawalpindi Sarafa Association member Muhammad Mujtaba says that there may be some fluctuations in prices in the beginning of 2026, however, the overall trend will remain bullish and the chances of a major decline are low.
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