Gold and silver prices surged to historic highs in both local and international markets, driven largely by rising geopolitical uncertainty worldwide. On Saturday, precious metals continued their bullish momentum, setting new benchmarks that traders say have never been seen before.
Gold Prices Hit Record Levels in Pakistan
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), gold prices in Pakistan touched their highest point in history. The sharp rise reflects strong global demand as investors move toward safe-haven assets during uncertain times.
- Gold per tola jumped by Rs6,500, reaching Rs521,162
- Gold per 10 grams increased by Rs5,573, closing at Rs446,812
This surge mirrors global trends, where bullion prices also registered a massive jump.
International Gold Market Breaks New Ground
In the global market, gold bullion gained USD 65 per ounce, pushing prices to an all-time high of USD 4,988 per ounce. Market analysts link this rally to escalating geopolitical tensions, currency volatility, and investor fear of prolonged instability.
Why Investors Are Turning to Gold
- Rising geopolitical conflicts
- Weakening global currencies
- Inflation concerns
- Stock market uncertainty
Gold traditionally performs well during such periods, making it a preferred hedge for both institutional and retail investors.
Silver Also Enters Historic Territory
Silver didn’t lag behind. For the first time in history, international silver prices crossed the triple-digit mark, signaling extraordinary market conditions.
- International silver price: USD 103.26 per ounce (up USD 5.26)
Record Silver Prices in Pakistan
Domestic silver rates also climbed sharply, reflecting global momentum:
- Silver per tola: Rs10,801 (up Rs526)
- Silver per 10 grams: Rs9,260 (up Rs451)
Quick Snapshot: Latest Gold & Silver Prices
| Metal | Market | Price | Increase |
|---|---|---|---|
| Gold (per tola) | Pakistan | Rs521,162 | +Rs6,500 |
| Gold (10 grams) | Pakistan | Rs446,812 | +Rs5,573 |
| Gold (per ounce) | International | USD 4,988 | +USD 65 |
| Silver (per tola) | Pakistan | Rs10,801 | +Rs526 |
| Silver (10 grams) | Pakistan | Rs9,260 | +Rs451 |
| Silver (per ounce) | International | USD 103.26 | +USD 5.26 |
Expert Insight: A Historic Moment for Precious Metals
Abdullah Razzaq, a representative of APSGJA, termed the situation “historic”, highlighting that both gold and silver reached record levels simultaneously in local and international markets—a rare occurrence.
He attributed the rally primarily to global geopolitical tensions, noting that silver crossing into triple digits is unprecedented and marks a major milestone for the commodities market.
Also Read: Updated News: Gold Price in Pakistan Today 26 January 2026 (Latest Update)
Important Note for Buyers
Prices in the open market may vary slightly from official association rates due to supply-demand gaps, dealer margins, and regional differences.
What This Means for Investors & Consumers
- Investors: The surge strengthens gold and silver’s role as safe-haven assets, but high volatility means careful timing is crucial.
- Jewellery buyers: Short-term purchases may become more expensive, prompting many to delay buying.
- Traders: Record highs often bring profit-taking phases, so market corrections remain possible.
Conclusion
Gold and silver have entered uncharted territory, setting new all-time records in Pakistan and across global markets. Fueled by geopolitical instability and investor anxiety, the precious metals rally highlights a clear shift toward safety-driven investments. While prices remain elevated, market watchers advise caution, as sharp movements—both upward and downward—can follow such historic peaks.
