Gold and silver both hit all-time highs in Pakistan

Gold prices in Pakistan continued their record-breaking run on Saturday, climbing to another all-time high for the fifth time in just one week, according to market data.

The All Pakistan Gems and Sarafa Association (APGJSA) reported that the price of gold jumped by Rs6,500 per tola, taking it to a historic Rs521,162. This sharp rise has pushed gold further out of reach for many ordinary buyers.

The price of 10 gramme gold also moved higher, increasing by Rs5,573 to settle at Rs446,812.

Saturday’s surge came a day after gold had already posted a strong gain. On the previous trading day, prices rose by Rs9,100 per tola to then-record level of Rs514,662, showing how fast the market has been moving in recent sessions.

Silver followed the same upward trend. Its price climbed by Rs526 per tola to Rs10,801, marking a new all-time high in the local market.

Local buyers under pressure

The sharp rise in gold prices has raised concerns among people planning to buy jewellery for weddings or other personal needs. For many families, gold is becoming increasingly unaffordable as prices continue to surge.

On the other hand, investors who already hold gold are likely benefiting from the ongoing rally. With prices rising almost daily, gold has once again proven its appeal as a store of value during uncertain times.

In the international market, gold prices also moved higher. The global rate rose by $65 to reach $4,988 per ounce, including a premium of $20, which added further pressure to local prices.

Since the start of 2026, gold prices in Pakistan have shown sharp swings but an overall strong upward trend. Rates have climbed from Rs454,562 per tola on January 1 to above Rs521,000 by January 24, reflecting both global movements and local market dynamics.

Gold rates since start of January 2026

Date	Change	Gold price (per tola)
January 24, 2026	Increased by Rs6,500	Rs521,162
January 23, 2026	Increased by Rs9,100	Rs514,662
January 22, 2026	Decreased by Rs800	Rs505,562
January 21, 2026	Increased by Rs12,700	Rs506,362
January 20, 2026	Increased by Rs4,300	Rs493,662
January 19, 2026	Increased by Rs7,500	Rs489,362
January 17, 2026	Decreased by Rs600	Rs481,862
January 16, 2026	No change	Rs482,462
January 15, 2026	Decreased by Rs3,700	Rs482,462
January 14, 2026	Increased by Rs4,300	Rs486,162
January 13, 2026	Increased by Rs900	Rs481,862
January 12, 2026	Increased by Rs7,700	Rs480,962
January 10, 2026	Increased by Rs3,700	Rs473,262
January 9, 2026	Increased by Rs3,400	Rs469,562
January 8, 2026	Decreased by Rs600	Rs466,162
January 7, 2026	Decreased by Rs1,200	Rs466,762
January 6, 2026	Increased by Rs3,200	Rs467,962
January 5, 2026	Increased by Rs9,200	Rs464,762
January 3, 2026	Decreased by Rs4,700	Rs455,562
January 2, 2026	Increased by Rs5,700	Rs460,262
January 1, 2026	Decreased by Rs2,400	Rs454,562