Karachi, January 22, 2026 – After reaching historic highs over the past three sessions, gold prices in Pakistan witnessed a modest correction on Thursday, declining by Rs800 per tola in the local bullion markets. The pullback comes as international gold prices showed signs of easing, prompting profit-taking among investors.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola slipped to Rs505,562, down from the previous day’s all-time high of Rs506,362. Similarly, the price of 24-karat gold per 10 grams decreased by Rs686 to settle at Rs433,437, compared with Rs434,123 recorded a day earlier.
Bullion market experts said the decline reflects a temporary cooling in global gold markets after a sharp rally fueled by geopolitical uncertainty and ongoing global trade tensions. Despite the dip, analysts noted that gold prices remain at elevated levels, supported by strong investor demand for safe-haven assets.
In the international market, gold prices fell by $8 per ounce to close at $4,832, compared with $4,840 in the previous session. Traders attributed the marginal decline to short-term adjustments, while caution continues to dominate market sentiment amid uncertain economic and political developments worldwide.
Market participants believe that gold prices in Pakistan are likely to remain volatile in the near term, closely tracking movements in international bullion markets and fluctuations in the local currency. Investors are advised to monitor global trends carefully as gold continues to trade near record levels.