Karachi, January 28, 2026 – The All Pakistan Sarafa Gems and Jewelers Association (APSGJ) released the latest daily prices of gold and silver on Wednesday, January 28, 2026, showing historic gains for both precious metals in Pakistan. Gold prices surged dramatically, reaching unprecedented levels, while silver also recorded notable increases, reflecting strong investor demand and global market trends.
According to APSGJ, the domestic prices of gold and silver are calculated based on prevailing interbank foreign exchange rates released by the State Bank of Pakistan (SBP). Analysts noted that the sharp rise in bullion prices comes amid geopolitical uncertainties, currency fluctuations, and strong international demand for safe-haven assets such as gold and silver.
The following table shows the latest gold and silver rates in Pakistan:
| Commodity | Price (Domestic) | Daily Change | Global Price | Global Change |
| Gold 24-karat per tola | Rs551,662 | +Rs21,100 | $5,293/oz | +$211 |
| Gold 24-karat per 10 grams | Rs472,961 | +Rs18,090 | – | – |
| Gold 11-karat per 10 grams | Rs433,563 | +Rs16,583 | – | – |
| Silver 24-karat per tola | Rs11,911 | +Rs271 | $114.36/oz | +$2.71 |
| Silver 24-karat per 10 grams | Rs10,211 | +Rs232 | – | – |
Experts believe that domestic gold and silver investors are closely tracking the market, as both commodities continue to serve as safe-haven assets during financial uncertainty. With global bullion prices remaining volatile, Pakistan’s gold and silver markets are expected to maintain upward momentum in the coming days, making it crucial for traders, jewelers, and investors to stay updated with the latest rates.