Karachi, February 3, 2026 – The All Pakistan Sarafa Gems and Jewellers Association (APSGJA) on Tuesday announced the latest prices of gold and silver in the domestic bullion markets, providing updated benchmarks for investors, traders, and the general public.
According to the association, precious metal prices recorded a strong upward trend, in line with the sharp recovery witnessed in international markets. Local gold prices surged significantly after recent declines, while silver also posted notable gains amid renewed investor demand for safe-haven assets.
The association clarified that domestic bullion rates are calculated on the basis of prevailing interbank foreign exchange rates issued by the State Bank of Pakistan (SBP), along with movements in global commodity markets. Fluctuations in the US dollar, geopolitical developments, and global trade uncertainties continue to influence price trends.
Below are the updated gold and silver prices in Pakistan as of February 3, 2026:
| Metal | Unit | Price | Change |
| Gold (24-karat) | Per tola | Rs514,362 | +Rs24,000 |
| Gold (24-karat) | Per 10 grams | Rs440,982 | +Rs20,576 |
| Gold (22-karat) | Per 10 grams | Rs404,248 | +Rs18,862 |
| Gold (Global) | Per ounce | $4,916 | +$240 |
| Silver (24-karat) | Per tola | Rs9,146 | +Rs741 |
| Silver (24-karat) | Per 10 grams | Rs7,841 | +Rs636 |
| Silver (Global) | Per ounce | $86.71 | +$7.41 |
Market experts said continued volatility in international bullion prices may keep local gold and silver rates fluctuating in the near term.