Karachi, January 13, 2026 – Gold prices in Pakistan continued their historic upward momentum on Tuesday, climbing to a fresh all-time high and nearing the Rs482,000 mark per tola, reflecting sustained strength in both local and global bullion markets.
According to the All Pakistan Sarafa Gems and Jewelers Association (APSGJA), the price of 24-karat gold per tola rose by Rs900 to reach Rs481,862, surpassing the previous record of Rs480,962 set in the last trading session. The persistent rally underscores strong investor demand for safe-haven assets amid ongoing economic and geopolitical uncertainty.
Similarly, the price of 24-karat gold per 10 grams registered an increase of Rs77, closing at Rs415,118 compared to Rs412,347 in the previous session. Traders noted that local prices remained closely aligned with international market movements, with minimal divergence due to currency and import cost adjustments.
Bullion market analysts attributed the continued surge in domestic gold rates to rising prices in the international market, driven by heightened geopolitical tensions and unresolved global trade disputes. These factors have increased volatility while simultaneously boosting gold’s appeal as a hedge against risk and inflation.
In the global market, gold prices advanced by $9 per ounce to settle at $4,595, up from $4,506 a day earlier. Experts believe that as uncertainty persists in global financial markets, gold prices may remain elevated in the near term, keeping domestic rates in Pakistan under upward pressure.