Gold prices increased sharply in Pakistan on Tuesday, February 10, 2026, following a strong rise in the international bullion market. The All Pakistan Sarafa Gems and Jewellers Association confirmed the increase.
The price of 24-karat Gold per tola went up by Rs1,500. It reached Rs526,262 in the local market. At the same time, the price of 10 grams of 24-karat Gold increased by Rs1,286. It now stands at Rs451,184.
In contrast, silver prices remained unchanged. Silver continued to trade at Rs8,615 per tola in Pakistan.
On the global market, Gold gained $53 per ounce. It reached $5,020 per ounce. Silver also showed an upward trend. It increased by $3.46 and settled at $81.40 per ounce.
Market analysts linked the price surge to the falling value of the US dollar. The dollar dropped to its lowest level since February 4. This made dollar-priced metals more affordable for overseas buyers.
The Japanese yen also strengthened after Prime Minister Sanae Takaichi won the recent election. This development added pressure on the dollar. It supported higher demand for precious metals.
KCM chief analyst Tim Waterer said that bargain buying played a key role. He noted that investors pushed Gold back above the important $5,000 level.
Experts remain positive about Gold in the long term. They believe global economic uncertainty continues to support demand. Many investors see Gold as a safe place for their money.
Analysts highlighted several reasons behind this trend. Gold has limited supply and strong intrinsic value. It also remains independent of government and central bank policies.
These features make Gold a useful hedge against inflation. It also protects against currency weakness and financial instability.
Jigar Trivedi, senior analyst at IndusInd Securities, said geopolitical tensions also boosted demand. He noted that recent regional developments increased Gold’s safe-haven appeal.
Earlier, the US military reported shooting down an Iranian drone near an aircraft carrier in the Arabian Sea. This incident raised global risk concerns. Such events usually increase investor interest in Gold.
In other news read more about Gold and Silver Prices Rise Sharply in Local and International Markets
Historically, Gold has been seen as a symbol of wealth and security. During times of political tension and economic stress, investors often turn to it for stability.
