Gold prices in Pakistan surge amid global bullion rally

Gold prices in Pakistan surge amid global bullion rally

ISLAMABAD: Gold prices in Pakistan witnessed a notable increase onSaturday, aligning closely with upward movements in the internationalbullion market. The price per tola of 24-karat gold rose by Rs3,700 tosettle at Rs473,262, marking a significant daily gain and continuing therecent upward trajectory. Similarly, the rate for 10 grams advanced byRs3,172 to Rs405,745, according to data released by the All-Pakistan Gemsand Jewellers Sarafa Association (APGJSA). This surge follows a gain ofRs3,400 per tola on the previous day, when prices reached Rs469,562,reflecting sustained momentum driven by external factors. Investors andtraders remain cautious as global conditions continue to influence domesticrates.

The international gold price contributed substantially to this domesticadjustment, rising by $37 to reach $4,509 per ounce, inclusive of a $20premium. Such elevations in global spot prices often translate directlyinto local adjustments due to Pakistan’s reliance on imported gold and theinterplay with currency exchange dynamics. Market participants closelymonitor these fluctuations, as they impact not only retail purchases butalso investment decisions amid broader economic volatility. The consistentdaily increases over recent sessions underscore the precious metal’s roleas a preferred hedge against uncertainty.

Several macroeconomic and geopolitical elements have fueled the ongoingrally in gold prices worldwide, extending into early 2026. Persistentconcerns over global trade policies, geopolitical tensions, andexpectations of monetary easing by major central banks have bolstereddemand for the safe-haven asset. Central bank purchases, particularly fromemerging economies, have remained robust, further tightening supply andsupporting higher valuations. In this context, gold’s performance reflectsa broader shift toward diversification away from traditional fiatcurrencies amid rising fiscal pressures and inflationary risks.

In the local context, the latest APGJSA figures highlight the directcorrelation between international benchmarks and Pakistani rates, withminimal divergence observed in recent trading. The price per tola has shownconsiderable appreciation over the preceding weeks, influenced by bothglobal trends and domestic demand patterns, particularly during periods ofeconomic caution. Silver also recorded an increase, rising by Rs270 toRs8,465 per tola, indicating parallel strength in precious metals. Suchmovements often signal heightened investor interest in protective assetsamid prevailing conditions.

Analysts anticipate continued volatility in gold prices, contingent ondevelopments in international markets, including interest rate trajectoriesand geopolitical events. The recent consecutive gains suggest that upwardpressure may persist in the short term, although corrections remainpossible if global sentiment shifts toward risk-on assets. Domesticconsumers and investors are advised to track APGJSA updates for real-timeadjustments, as rates can vary slightly across cities while following thenational trend.

Source:https://en.dailypakistan.com.pk/11-Jan-2026/gold-rates-in-pakistan-today-11-january-2026

Tags: Pakistan, Gold Prices, APGJSA, International Bullion, Silver Rates