KARACHI, February 9, 2026 — Gold prices in Pakistan surged sharply on Monday, rising by Rs5,300 per tola, in line with a strong upward trend in the international bullion markets.
According to the All Pakistan Sarafa Gems and Jewelers Association (APSGJA), the price of 24-karat gold increased to Rs524,762 per tola, up from the previous closing of Rs519,462 in the domestic market. Despite the latest rally, prices remain below the all-time high of Rs572,862 per tola, recorded on January 29, 2026.
Similarly, the price of 24-karat gold per 10 grams jumped by Rs4,544 to Rs449,898, compared to Rs445,354 in the previous session.
Bullion market analysts attributed the rise in local prices to sustained gains in global gold markets, driven by ongoing geopolitical tensions, economic uncertainty, and persistent trade disputes. These factors have boosted demand for safe-haven assets, pushing investors toward gold.
In the international market, gold prices climbed by $53 to $5,020 per ounce, up from $4,967 in the previous trading session.
Market participants expect gold prices to remain volatile in the near term, as global investors continue to closely monitor geopolitical developments, central bank policies, and inflation trends, all of which play a crucial role in shaping bullion prices.
With persistent uncertainty in global financial markets, analysts believe that gold could continue to attract strong investor interest, supporting elevated price levels both internationally and in Pakistan.