Gold prices in Pakistan recorded a sharp rebound on Monday, January 5, 2026, reversing losses suffered over the weekend and reaffirming bullion’s strong upward momentum.
In the local market, the price of gold per tola surged by Rs9,200 to settle at Rs464,762. The rate for 10 grams of gold also climbed significantly, rising by Rs7,888 to reach Rs398,458. Traders attributed the strong recovery to renewed buying interest and firm global cues.
The domestic rally closely followed international trends. In global markets, gold prices jumped by $92 per ounce to trade at $4,424, reflecting increased demand for safe-haven assets amid economic and geopolitical uncertainty.
The rebound followed a brief correction on Saturday, January 3, during which gold prices fell sharply. On that day, the per tola rate dropped by Rs4,700 to Rs455,562, while the price of 10 grams declined by Rs4,030 to Rs390,570. Market participants described the dip as short-lived, driven largely by profit-taking.
Read: Gold Prices Jump in Pakistan, Tola Rate Rises by Rs5,700
Despite periodic volatility in recent months, analysts say the broader trend for gold remains decisively bullish. Persistent inflation risks, currency pressures, and global instability continue to support higher prices.
Gold’s appeal as a safe-haven asset stems from its intrinsic value and limited supply. Unlike paper currencies, which central banks can issue in unlimited quantities, gold remains a finite resource. This scarcity allows it to act as an effective hedge against inflation and currency depreciation.
Investors also turn to gold during periods of geopolitical tension and market stress. In times of war, trade disputes, or financial instability, capital often shifts away from riskier assets toward the relative safety of bullion. This sustained demand helps support gold prices even when other markets struggle.
For centuries, gold has served as a reliable store of value across regions and economic systems. As uncertainty persists both at home and abroad, analysts expect investor interest in gold to remain strong in the near term.