Gold prices in Pakistan rose sharply on Monday, January 19, 2026, amid strong global momentum. According to the All Pakistan Sarafa, Gems and Jewellers Association, the price of gold rose by Rs7,500 per tola in a single session.
Following the increase, the price of one tola of gold reached Rs489,362. The price of 10 grams of 24-karat gold climbed by Rs6,431 to Rs419,549, highlighting sustained buying pressure in the local market.
Internationally, gold traded at $4,670 per ounce, up $75. Analysts linked the jump to heightened investor demand for safe-haven assets amid ongoing economic and geopolitical uncertainty.
Silver prices also moved higher during the session. The price of 24-karat silver increased by Rs300 per tola, settling at Rs9,782, tracking the broader strength seen in precious metals.
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Market experts said gold continues to attract investors due to its intrinsic value and limited supply. Unlike paper currencies, gold is not subject to central bank policies, which strengthens its role as a hedge against inflation and currency weakness.
Analysts added that gold’s appeal increases during periods of global instability. In times of war, trade tensions, or market volatility, investors often shift away from riskier assets and seek the relative stability of bullion.
This sustained demand supports gold prices even when other asset classes struggle. For many investors, gold remains a trusted store of value and a long-term safeguard against economic turbulence.