Karachi, January 12, 2026 – The All Pakistan Sarafa Gems and Jewelers Association (APSGJA) on Monday released the latest gold and silver prices to guide consumers, investors, and traders in the local bullion market. The updated rates reflect strong momentum in precious metals, in line with rising international prices and currency movements.
Gold prices in Pakistan remained at record-high levels, supported by firm global demand and ongoing economic and geopolitical uncertainties. Silver prices also posted a notable increase, mirroring the upward trend seen in international markets. Market participants noted that precious metals continue to attract investors seeking a hedge against inflation and financial market volatility.
According to APSGJA, the daily rates are calculated on the basis of prevailing interbank foreign exchange rates issued by the State Bank of Pakistan (SBP), along with movements in international bullion markets. Any fluctuation in the rupee-dollar parity directly impacts domestic gold and silver prices, as Pakistan depends largely on imported bullion.
Below are the latest gold and silver rates in Pakistan as of January 12, 2026:
| Commodity | Rate | Change |
| Gold 24-karat per tola | Rs480,962 | +Rs7,700 |
| Gold 24-karat per 10 grams | Rs412,347 | +Rs6,602 |
| Gold 22-karat per 10 grams | Rs377,998 | +Rs6,052 |
| Gold (international, per ounce) | $4,586 | +$77 |
| Silver 24-karat per tola | Rs8,895 | +Rs430 |
| Silver 24-karat per 10 grams | Rs7,626 | +Rs369 |
| Silver (international, per ounce) | $84.20 | +$4.30 |
Bullion experts expect prices to remain volatile in the short term, advising buyers to closely monitor global trends before making investment decisions.