KARACHI – The gold price in Pakistan surged to record levels on Wednesday, marking one of the biggest hikes in recent history. The rate of 24-karat gold crossed the historic Rs500,000 milestone, shocking investors and buyers alike.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the gold price for 24-karat gold rose by Rs12,700 per tola, reaching Rs506,362. Similarly, the price of 10 grams of gold jumped by Rs10,888 to Rs434,123, setting new all-time records.
The price of 10 grams of 22-karat gold also climbed sharply by Rs9,981, reaching Rs397,960. Precious metals, including gold and silver, have seen steady growth due to strong demand from investors and central banks globally.
Experts say ongoing geopolitical tensions and economic uncertainty are fueling the surge in gold prices worldwide. In the international market, gold increased by $127 per ounce, settling at $4,840. This trend reflects growing global interest in safe-haven assets amid fluctuating currency and stock markets.
Silver prices also rose alongside gold. The price per tola of 24-karat silver increased by Rs64 to Rs9,933. Ten grams of 24-karat silver were sold at Rs8,515, up by Rs54. Analysts say the rise in both metals signals increased buying activity by investors seeking stability during uncertain economic times.
Investors and traders are advised to monitor the gold price closely as the market remains highly volatile. Demand is expected to stay strong, and rates may continue to fluctuate depending on global economic and geopolitical developments.
In other news read more about Gold and Silver Prices Surge in Pakistan – Jan 20, 2026
With gold reaching unprecedented highs, jewelers and buyers in Pakistan are witnessing historic shifts in the precious metals market. The record-breaking surge emphasizes the continuing role of gold as a preferred investment during times of global uncertainty.
