As of January 12, 2026, gold prices in Pakistan have reached historic highs, reflecting strong momentum in both local and international markets. The price of 24-karat gold now stands at approximately Rs 481,000 per tola, while 1 gram of gold is priced at around Rs 41,271. These rates are generally consistent across major cities such as Karachi, Lahore, and Islamabad, although slight variations may occur due to local dealer margins.

The recent surge follows a notable upward trend observed over the past few days. On January 11, 2026, the price of 24K gold per tola increased by approximately Rs 3,700, with a further rise recorded today. This steady climb highlights growing demand and heightened investor interest in gold as a safe-haven asset.

On the global front, gold prices have also made headlines. For the first time, the international gold price per ounce crossed the $4,600 mark on January 12, 2026. This unprecedented level has been driven largely by geopolitical risks, economic uncertainty, and unclear global policy directions, all of which have pushed investors toward precious metals.

Looking at the broader picture, gold has delivered remarkable returns in Pakistan. Over the past year, gold prices have increased by more than 66%, making it one of the strongest-performing assets in the local market. This sharp rise underscores gold’s role as a hedge against inflation, currency fluctuations, and economic volatility.

With both domestic and international factors supporting higher prices, gold continues to command strong attention from investors and consumers alike.

 
Credit: Independent News Pakistan (INP)