Gold prices in Pakistan continued their upward momentum on 10 January 2026, reflecting strong global trends and persistent economic uncertainty. Local bullion markets opened the day on a firm note, with rates holding near recent highs after another sharp increase in the previous session.
According to market data from major bullion centers, gold is trading at Rs. 469,562 per tola, while the price of 10 grams stands at Rs. 402,573. This rise follows a gain of several thousand rupees recorded earlier in the week, driven largely by international price movements.
What’s driving gold prices higher
The primary reason behind rising gold prices is global instability. Ongoing geopolitical tensions, inflation concerns in major economies, and uncertainty around interest-rate policies have pushed investors toward safe-haven assets. Gold traditionally benefits in such conditions, and Pakistan’s market closely tracks international trends with adjustments for currency movement.
The weakening of the Pakistani rupee against the US dollar has also played a role. Since gold is priced internationally in dollars, any pressure on the local currency directly translates into higher domestic rates.
Silver rates today
Silver prices have also moved upward, though at a slower pace compared to gold. On January 10, silver is priced at Rs. 8,195 per tola, while 10 grams of silver costs Rs. 7,025. Industrial demand and global metals sentiment continue to influence silver prices alongside gold.
Global market snapshot
In the international market, spot gold is trading around $4,472 per ounce, maintaining its strong position after a remarkable performance last year. Analysts note that central bank buying and investor demand remain key supports for gold at these levels.
What buyers and investors should consider
For jewelry buyers, current prices are undeniably high, which may slow retail demand in the short term. However, for investors, gold continues to serve as a hedge against inflation and currency risk. Many market watchers believe price volatility will remain in 2026, making timing an important factor for new purchases.
Short-term outlook
If global uncertainty persists and the rupee remains under pressure, gold prices in Pakistan are likely to stay elevated. Any major movement in international markets or local currency stability could, however, bring short-term corrections.
Quick FAQ
Is gold expected to rise further in 2026?
Many analysts expect continued volatility, with prices remaining strong if global risks persist.
Do local gold rates change daily?
Yes. Prices are updated daily based on international markets and currency movement.
For now, gold prices in Pakistan on 10 January 2026 reflect a market still firmly in favor of safe-haven assets.
This article is published for informational and educational purposes only. nise.org.pk is not an official government website and is not affiliated with any government department. Readers are advised to verify all information from official sources before taking any action.
