Gold Price in Pakistan Rallies Sharply Amid Global Economic Turmoil
The gold price in Pakistan witnessed a strong upward move on Monday, reflecting rising global uncertainty and renewed investor appetite for safe-haven assets. According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), prices of both gold and silver surged significantly in the domestic market, tracking international bullion trends. This sudden spike highlights growing concerns over geopolitical instability, economic volatility, and increasing expectations of interest rate cuts by major central banks, particularly the US Federal Reserve. Gold Price in Pakistan Today – Latest Domestic Rates The gold price in Pakistan climbed sharply across all major purity levels. 24-karat gold, the most traded benchmark in the local market, was sold at Rs480,962 per tola, marking a day-on-day increase of Rs7,700. On a per-10-gram basis, 24-karat gold reached Rs412,347, up Rs6,602, while 22-karat gold also moved higher, trading at Rs377,998 per 10 grams. In practical terms, this means gold prices have now gained nearly Rs28,700 in the past month, underscoring sustained bullish momentum driven by global market forces. Silver Prices Follow Gold’s Rally in Pakistan Silver prices mirrored the surge in gold, strengthening further in the local bullion market. 24-karat silver was sold at Rs8,895 per tola, registering an increase of Rs430 in a single session. On a 10-gram basis, silver climbed to Rs7,626, gaining Rs369. Over the past month, silver prices in Pakistan have risen by more than Rs2,400 per tola, indicating strong industrial and investment demand amid rising economic uncertainty. Gold and Silver Performance Snapshot As of January 12, 2026, gold and silver have shown notable gains across multiple timeframes: • Gold has increased by Rs7,700 day-on-day, nearly Rs28,700 over one month, and over Rs130,000 since the start of the fiscal year, reflecting robust long-term performance.• Silver recorded a Rs430 daily rise, more than Rs2,400 monthly growth, and solid gains on both fiscal-year and calendar-year bases. These figures indicate that precious metals continue to outperform many traditional asset classes in Pakistan. Global Gold Prices Drive Gold Price in Pakistan Internationally, spot gold traded near $4,595 per ounce, rising by $55.4 or 1.22% in the latest session. This global rally directly influenced the gold price in Pakistan, as local bullion rates closely track international movements combined with PKR exchange fluctuations. Market analysts attribute the surge to a “perfect storm” of factors, including escalating geopolitical tensions, slowing global economic growth, and mounting pressure on the US Federal Reserve to cut interest rates sooner than expected. Lower interest rates typically weaken the US dollar and increase gold’s appeal as a store of value. What’s Next for Gold Price in Pakistan? Looking ahead, the gold price in Pakistan is expected to remain volatile but biased upward if global uncertainty persists. Any further depreciation of the Pakistani rupee or escalation in geopolitical risks could push prices even higher in the short term. For investors, gold continues to serve as a hedge against inflation, currency risk, and economic shocks making it a key asset to watch in 2026.









