Gold prices in Pakistan rose again on Saturday, tracking gains in the international market and adding to a volatile month for buyers and traders.
In the local market, the price of gold per tola increased by Rs7,100 to reach Rs533,562. The rate for 10 grams also moved up by Rs6,087, settling at Rs457,443. The figures were shared by the All Pakistan Gems and Jewellers Sarafa Association.
The rise follows Friday’s increase, when gold per tola had climbed by Rs2,500 to close at Rs526,462. Dealers said the latest jump reflects strong movement in global prices, which often set the tone for Pakistan’s bullion market.
Internationally, gold gained $71 to reach $5,108 per ounce, including a premium of $20. Analysts say global uncertainty and investor demand have continued to push prices higher in recent weeks.
Silver prices also recorded a sharp increase on Saturday. The metal rose by Rs374 per tola to reach Rs8,948.
Sharp swings throughout February
Gold prices have moved up and down sharply during February 2026. At the start of the month, on February 2, gold per tola had dropped to Rs490,362 after a decline of Rs21,500 in a single day. A day later, it rebounded strongly, gaining Rs24,000 to reach Rs514,362.
The market saw another major jump on February 4, when prices touched Rs529,162 after a rise of Rs14,800. However, the trend did not remain steady. On February 6, gold fell by Rs21,400 to Rs507,762.
Since then, prices have mostly remained above Rs510,000 per tola, with frequent daily changes. Traders say such swings have made it difficult for buyers to decide the right time to invest, especially ahead of the wedding season when demand usually increases.
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