Gold prices in Pakistan have reached record high after registering a massive hike today, January 20, 2026 (Tuesday).
According to All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the per tola price of gold has climbed to Rs493,662 with a single-day hike of Rs4,300. Meanwhile, the price of 10-gram gold went up by Rs3,686 to Rs. 423,235.
Yesterday, the gold rate reached Rs489,362, after Rs7,500 in one day.
Gold prices internationally
Internationally, gold prices recovered after falling. Rising tensions between major powers and expectations of interest rate cuts in the US helped lift demand for the metal.
Lukman Otunuga, a senior research analyst at FXTM, said precious metals had started 2026 on a strong note. He said investors were again turning to gold due to global risks and hopes of lower US interest rates later this year.
Physical demand has also shown signs of recovery. Gold was trading at a premium in key markets such as India and China for the first time in nearly two months. A recent pullback from record highs helped attract retail buyers.
Gold had a strong run last year, rising 64 percent. Analysts link the surge to US rate cuts, global tensions, strong buying by central banks and higher investment through exchange-traded funds.
Gold rate in Pakistan since start of 2026
January 14, 2026: Gold price jumped Rs4,300 per tola to Rs486,162.
January 13, 2026: Gold rate increased Rs900 per tola to hit Rs481,862.
January 12, 2026: Gold price rose Rs7,700 per tola to Rs480,962.
January 10, 2026: Gold price surged Rs3,700 per tola to Rs473,262.
January 9, 2026: Gold price increased Rs3,400 per tola to Rs469,562.
January 8, 2026: Gold price dropped by Rs600 per tola to Rs466,162.
January 7, 2026: Gold dropped by Rs1,200 per tola to Rs466,762.
January 6, 2026: Gold rose by Rs3,200 per tola to Rs467,962.
January 5, 2026: Gold gained Rs9,200 per tola to settle at Rs464,762.
January 3, 2026: Gold fell by Rs4,700 per tola to Rs455,562.
January 2, 2026: Gold increased by Rs5,700 per tola to Rs460,262.
January 1, 2026: Gold declined by Rs2,400 per tola to Rs454,562.
