Save Our Pak
Karachi (January 28, 2026): Gold prices in Pakistan have created history after reaching their highest level ever in a single day.
According to market reports, gold and silver prices rose sharply in both international and local markets, setting new all-time records. The All Pakistan Sarafa Gems and Jewellers Association stated that the price of gold increased by Rs 21,100 per tola, pushing the rate to Rs 551,662 per tola.
Similarly, the price of 10 grams of gold went up by Rs 18,090, reaching Rs 472,961. In the global market, gold prices jumped by $211 per ounce, reaching $5,293 per ounce.
Silver prices also witnessed a significant rise. The price of one tola of silver increased by Rs 271, reaching a record high of Rs 11,911.
Experts say that rising global demand and a stronger US dollar have played a major role in driving gold and silver prices upward.
Traditionally, gold is considered a safe investment, especially during times of inflation, political uncertainty, and economic instability. For centuries, it has been used as a form of wealth and currency. When investors feel unsure about other assets, they often turn to gold for protection.
It is worth noting that last year, Pakistan revised its gold pricing mechanism. Under the new system, local gold prices are set $20 per ounce higher than international market rates.
Reported by Save Our Pak
