Saturday , 18 April 2026 | 1 USD = 279.031118 PKR
1 Tola Gold Rate = Rs. 502500.00
Gold and silver move further out of public reach as prices jump sharply
Gold and silver move further out of public reach as prices jump sharply

Gold and silver move further out of public reach as prices jump sharply

Karachi (February 9, 2026): Gold and silver prices have once again recorded a major increase across Pakistan, making precious metals even more expensive for the general public.

According to the All Pakistan Gems and Jewellers Association, the price of gold per tola rose by Rs5,300, reaching Rs524,762. Similarly, the price of 10 grams of gold increased by Rs4,544 and now stands at Rs449,898.

In the international market, gold prices also moved upward, with per ounce gold rising by $53 to reach $5,020.

Silver prices followed the same trend in both local and global markets. The price of silver per tola increased by Rs346 and is now priced at Rs8,615.

Gold has traditionally been considered a safe investment, especially during times of inflation, political uncertainty, and economic instability. As a result, its demand and value often rise when other investment options appear risky.

For centuries, gold has been used as a form of currency and a symbol of wealth. When investors lose confidence in other assets, they often turn to gold as a secure option.

It is worth noting that last year, Pakistan changed its gold pricing mechanism. Under the revised system, local gold prices are set $20 per ounce higher than the international market rate.

Reported by Save Our Pak

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