Karachi, January 27, 2026 – Gold prices in Pakistan on Tuesday took a breather after an extraordinary record-breaking rally, declining by Rs1,500 per tola in the local bullion markets.
According to market data, the price of 24-karat gold per tola settled at Rs530,562, down from the previous day’s historic closing of Rs532,062. The earlier rate marked the highest gold price ever recorded in Pakistan, achieved on January 26, 2026.
The recent correction comes after a sharp surge over the past three trading sessions, during which gold prices jumped by a cumulative Rs26,500 per tola. The rapid rise had been driven by heightened investor demand for safe-haven assets amid global economic uncertainty.
Similarly, the price of 24-karat gold per 10 grams fell by Rs1,286 to close at Rs454,871, compared to Rs456,157 in the previous session, reflecting the broader softening trend in the domestic market.
Bullion market analysts attributed the dip in gold prices to ongoing geopolitical uncertainty and persistent global trade disputes, which have triggered volatility in international commodity markets. Profit-taking by investors after the recent sharp rally also contributed to the decline.
In the international market, gold prices eased by $15 per ounce, settling at $5,082 compared to $5,097 in the previous session. Analysts note that global gold prices remain elevated despite the pullback, supported by concerns over inflation, currency fluctuations, and geopolitical tensions.
Market participants are closely watching international trends, as further movements in global gold prices are expected to influence local rates in the coming days.