Bullion market shaken as gold surges to Rs521,162 per tola

Bullion market shaken as gold surges to Rs521,162 per tola

Gold prices jump sharply as local and global markets heat up. File photo

January, 24 2026

KARACHI (Web Desk): Gold prices jump to Rs521,162 per tola as local and global markets heat up, pushing bullion rates higher and drawing strong attention from investors.

Gold prices recorded a sharp increase in the local market, making precious metals more expensive for buyers. The price of 24-karat gold per tola rose by Rs6,500 and settled at Rs521,162, reflecting strong momentum in the bullion market.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 10 grams of 24-karat gold increased by Rs5,573 to Rs446,812. Meanwhile, 10 grams of 22-karat gold also moved higher after rising by Rs5,109 to Rs409,592.

In the international market, gold prices showed a strong upward trend. Gold gained $65 and was traded at $4,988 per ounce, indicating growing global demand amid economic uncertainty.

Silver prices also witnessed a notable increase in the local market. The price of 24-karat silver per tola jumped by Rs526 to Rs10,801, while the price of 10 grams of silver rose by Rs451 to Rs9,260.

On the global front, silver prices increased by $5.26 and settled at $103.26 per ounce, supporting the broader rally in precious metals.

The sharp rise suggests strong investor demand for safe assets. Global uncertainty is pushing prices higher. Short-term buying may slow, but long-term interest remains strong.