Karachi, January 20, 2026 – Gold prices in Pakistan surged to an all-time high on Tuesday, with 24-karat gold reaching Rs493,662 per tola, continuing the upward trend fueled by rising international markets. The surge marks a significant increase in the domestic bullion market as investors closely monitor global price movements.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola rose by Rs4,300, up from the previous day’s closing of Rs489,362. Similarly, the price per 10 grams of 24-karat gold increased by Rs3,686 to Rs423,235 from Rs419,549, reflecting strong demand among domestic investors and jewelers.
Market analysts attribute the sharp rise in gold prices to trends in the international market, where geopolitical tensions and global trade uncertainties continue to drive volatility. International gold prices also reached record levels, climbing $43 to $4,713 per ounce from $4,670 previously, further influencing domestic rates in Pakistan.
Experts noted that Pakistan’s status as a net importer of gold adds to domestic price sensitivity, as the country relies on imports to meet demand for jewelry manufacturing and export purposes.
The continuing rally in gold prices has sparked heightened interest among investors seeking safe-haven assets amid market uncertainty. Analysts suggest that if global market trends remain bullish, Pakistan may witness further upward momentum in gold rates, potentially breaking new records in the coming weeks.