Gold prices in Pakistan rose sharply on Monday, following gains in the international market. The price of 24-karat gold increased by Rs. 13,300 per tola to reach Rs. 563,862, while 10-gram gold rose by Rs. 11,402 to Rs. 483,420, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Silver also moved higher, with per-tola rates up by Rs. 188 to Rs. 10,050. Globally, spot gold advanced about 2% to $5,384.41 an ounce, hitting an intra-day high of $5,418.50. Prices have risen about 25% so far in 2026. Bullion has stayed on a strong upward trend. It reached a record $5,594.82 per ounce on January 29, according to Reuters.
Adnan Agar, Director at Interactive Commodities, noted that gold spiked sharply but partly eased from session highs. The market opened near $5,277, surged to around $5,411, and later traded near $5,323. He explained that oil prices also retreated slightly from early highs, reflecting cautious investor sentiment.Meanwhile, the Pakistani rupee saw a marginal gain against the US dollar, closing at 279.46 in the interbank market, up 0.01 rupee.
