Gold Prices Surge Again in Pakistan Amid Global Rally

Islamabad, February 09, 2026 – Gold prices in Pakistan witnessed another sharp increase on Monday, reflecting strong upward momentum in the international bullion market.
According to the latest market updates from local sarafa associations, 24-carat gold per tola rose by Rs 5,300 in a single day, pushing the new price to Rs 524,762 per tola.
Similarly, the price of 10 grams of 24-carat gold climbed by Rs 4,544, reaching Rs 449,898.
For 22-carat gold, the rate for 10 grams has now settled at Rs 412,421, reflecting the corresponding adjustment in the local market.
The fresh hike comes as international gold prices continued their strong rally. The global spot price of gold increased by $53 per ounce, trading at approximately $5,020 per troy ounce in international markets (with some sources reporting levels between $5,030–$5,046 during the day).
This latest surge is part of a broader bullish trend observed in recent weeks, driven by factors including geopolitical uncertainties, inflation hedging demand, and fluctuations in the US dollar. Pakistani rupee-denominated gold prices are also influenced by exchange rate movements and import costs.
Market analysts note that gold has been setting repeated record highs in both local and global markets throughout early 2026, with investors closely monitoring central bank policies and economic data releases in major economies.
Traders and jewellers in major cities including Karachi, Lahore, and Islamabad reported brisk buying activity following the price jump, while some consumers appear to be adopting a wait-and-see approach amid the volatility.
Gold rates can vary slightly across different cities and dealers due to local premiums and taxes.