Here are the gold and silver rates for today.

Gold Rate in Pakistan (January 26, 2026)

Rates are approximate and may vary slightly between Karachi, Lahore, and Islamabad.

Silver Rate in Pakistan

Silver has also seen a massive surge this week, crossing historic milestones.

• Per Tola (24K): Rs. 10,077
• Per 10 Grams: Rs. 8,640

Market Analysis: Why is Gold Rising?

1. Global Uncertainty: Investors are reacting to President Trump’s recent tariff threats against European nations and the escalating diplomatic row over Greenland.
2. Safe Haven: With the US Dollar stabilizing around 277 PKR but global markets fluctuating, local investors are parking their capital in gold and silver to hedge against inflation.
3. Wedding Season: High local demand persists despite the record prices, as the wedding season continues in full swing across Punjab and Sindh.

Note: These rates are open market indicators. Actual trading prices at local jewelers may differ by Rs. 500-1,000 due to “making charges” or local market adjustments.

The local market is currently seeing a jump of over Rs. 10,000 to Rs. 16,000 per tola within just the last 24–48 hours.

💰 Current Gold Rates in Pakistan (Jan 27, 2026)

These are the estimated retail rates based on the morning update from the Karachi Sarafa Association:

🌍 Why is Gold Surging? (Global & Local Factors)

• The $5,000 Barrier: For the first time ever, international spot gold hit $5,111 per ounce. This rally is being fueled by what analysts call the “debasement trade”—investors fleeing traditional currencies and bonds due to economic shifts in the US and Europe.
• Geopolitical Safe Haven: Escalating international tensions (specifically involving US trade policies, Greenland disputes, and Middle East instability) have triggered a global “fear trade,” making gold the preferred asset.
• Silver at Record Highs: Silver has also followed suit, hitting a historic $110 per ounce internationally, with local prices in Pakistan jumping to approximately Rs. 11,430 per tola.

📉 Market Sentiment

The trend remains aggressively bullish. While some investors are pausing to see if a correction occurs, 71% of retail investors globally expect gold to stay above $5,000 throughout 2026. In Pakistan, the local price is heavily influenced by the dollar exchange rate, which currently sits at approximately Rs. 280.2 (Selling).

Investor Tip: Because prices are shifting by the hour today, it is highly recommended to confirm the “Final Rate” with your local bullion market before making any large purchases or sales.

The market is reacting to extreme geopolitical uncertainty and international gold prices crossing the psychological barrier of $5,000 per ounce for the first time.

💰 Current Gold Rates in Pakistan (Jan 27, 2026)

Below are the estimated retail rates across major cities (Karachi, Lahore, Islamabad):

Note: These rates are based on the latest morning updates from the Sarafa Market. Prices are extremely volatile today; check with your local jeweler before any transaction.

🌍 Market Update: Why is this happening?

1. Global “Fear Trade”: International spot gold is trading near $5,100/oz. Investors are fleeing to gold as a safe haven due to trade tensions (specifically US tariff threats on South Korea and Canada) and geopolitical instability.
2. US Dollar Strength & Inflation: While the dollar is fluctuating, the “debasement trade”—where people lose confidence in paper currencies—is driving massive inflows into gold and silver.
3. Local Rupee Pressure: The Pakistani Rupee remains under pressure, which amplifies the international price increase when converted into local PKR.
4. Silver Surge: Silver hasn’t stayed behind, hitting a record high of approximately Rs. 11,430 to Rs. 16,000 per tola depending on the specific market purity and region.

📈 Trend Analysis

In just the last 24 to 48 hours, gold has jumped by over Rs. 10,000 per tola in Pakistan. Most analysts suggest that until the global geopolitical noise settles, the trend remains “bullish” (upward).

Here are the gold and silver rates for today.

Gold Rate in Pakistan (January 26, 2026)

Rates are approximate and may vary slightly between Karachi, Lahore, and Islamabad.

Silver Rate in Pakistan

Silver has also seen a massive surge this week, crossing historic milestones.

• Per Tola (24K): Rs. 10,077
• Per 10 Grams: Rs. 8,640

Market Analysis: Why is Gold Rising?

1. Global Uncertainty: Investors are reacting to President Trump’s recent tariff threats against European nations and the escalating diplomatic row over Greenland.
2. Safe Haven: With the US Dollar stabilizing around 277 PKR but global markets fluctuating, local investors are parking their capital in gold and silver to hedge against inflation.
3. Wedding Season: High local demand persists despite the record prices, as the wedding season continues in full swing across Punjab and Sindh.

Note: These rates are open market indicators. Actual trading prices at local jewelers may differ by Rs. 500-1,000 due to “making charges” or local market adjustments.

The US Dollar (USD) is trading at approximately 277.00 PKR in the interbank market, while the open market rate is slightly higher, hovering around 279.00 - 280.00 PKR.

Major Currency Exchange Rates (PKR)

Rates are approximate and may vary by exchange company and location.

*Note: The British Pound rate is an estimate based on current cross-market rates (GBP/USD) due to market fluctuations.

Market Summary

• USD Stability: The US Dollar has maintained stability around the 277 level in the interbank market, supported by consistent remittance inflows and export proceeds.
• Open Market Gap: A small gap persists between the interbank and open market rates (approx. 2-3 Rupees), which is typical for the current economic environment.
• Gold Correlation: As international currency markets fluctuate, local gold prices in Pakistan may also see adjustments today.

Disclaimer: These rates are for informational purposes only. Actual buying and selling rates may differ at banks and currency exchange outlets.

1. Liquid Petroleum Gas (LPG) Prices

The Oil and Gas Regulatory Authority (OGRA) increased LPG prices at the start of January 2026. These rates are currently in effect:

• LPG Rate per Kilogram: Rs. 219.68 (an increase of approximately Rs. 10.69 from December).
• Domestic Cylinder (11.8 kg): Rs. 2,592.19 (increased by about Rs. 126.09).
• Commercial Cylinder (45.4 kg): Rs. 9,973.47.

Note: While these are the official notified rates, retail prices in some cities can vary between Rs. 270 and Rs. 330 per kg due to local supply issues or overcharging.

2. Electricity Unit Rates (Domestic)

There has been significant news regarding electricity tariffs this month. NEPRA and the Federal Government have introduced a new tariff structure effective January 1, 2026, which includes major relief for certain sectors, though base rates for many residential users remain high.

• Status of Base Tariff: The government opted to keep the base tariff for 2026 mostly unchanged at roughly Rs. 33.38 to Rs. 34 per unit to avoid a nationwide hike.
• Protected Consumers (1-100 Units): Generally benefit from subsidized rates, though specific “fuel adjustment charges” may still apply.
• Relief for Higher Consumption: NEPRA announced that for consumers using 100 to 400 units monthly, there will be no tariff hike in this cycle, providing much-needed stability.
• National Average Tariff: After various adjustments and cross-subsidy reductions, the national average tariff has officially declined from over Rs. 53 to approximately Rs. 42.27 per unit (inclusive of various taxes and surcharges).

Summary of Energy Costs (Jan 2026)

Current Petrol & Diesel Prices in Pakistan

These rates are effective for the second half of January 2026 (until the next review on February 1):

Key Factors Affecting Prices

• Global Oil Market: International crude oil prices have climbed to approximately $63 per barrel, up from $60 earlier in the month, reducing the room for a price reduction.
• Currency Impact: The US Dollar has strengthened, trading around Rs. 280, which increases the cost of importing refined petroleum products.
• Tax Burden: Current prices include significant levies and duties:
• Petroleum Levy: Rs. 78.02 per liter.
• Customs Duty: Rs. 14.37 per liter.
• Climate Support Levy: Rs. 2.50 per liter.

Looking Ahead

The next fortnightly review is scheduled for January 31/February 1, 2026. Analysts suggest that unless global oil prices drop below $60 per barrel and the Rupee stabilizes, consumers should not expect a major reduction in the coming weeks.

Live Exchange Rates (Open Market Estimates)

The Pakistani Rupee (PKR) has shown some stability over the last 24 hours. Here are the rates for major currencies:

Note: Open market rates vary slightly by city (Karachi, Lahore, Islamabad) and by individual exchange companies. Interbank trading will resume on Monday morning.

Gold Rates in Pakistan (Today)

Gold prices have reached historic highs today due to a massive global rally in precious metals.

• 24K Gold (per Tola): Rs. 514,662
• 24K Gold (10 Grams): Rs. 441,240
• 22K Gold (per Tola): Rs. 471,770

Market Summary & Trends

• Inflation & Pressure: Short-term inflation in Pakistan is currently up by approximately 4.18% year-on-year, keeping pressure on food and fuel costs.
• Silver Surge: A “speculative frenzy” has reportedly pushed silver prices toward a historic $100 per ounce mark in international markets, which is heavily impacting local rates in Pakistan.
• Foreign Investment: Markets remain cautious as global uncertainty and foreign fund outflows continue to affect emerging market currencies like the PKR and the Indian Rupee (which hit a record low of 92 earlier this week).

Prices have seen a significant surge recently, primarily driven by international market volatility and safe-haven demand.

1. Gold Rates (24K & 22K)

Gold has climbed sharply today, with 24K gold crossing the historical 500,000 PKR mark.

Note: Rates vary slightly across cities (Karachi, Lahore, Islamabad) due to local bullion market adjustments.

2. Silver Rates

Silver has also reached record highs, following the global trend.

• Silver (24K) per Tola: Rs. 10,077
• Silver (24K) per 10 Grams: Rs. 8,640

3. Currency Exchange Rates (PKR)

The Pakistani Rupee is currently trading at the following rates in the open market:

Summary of the Market Trend

• Precious Metals: Gold prices jumped by over Rs. 6,500 per tola today compared to yesterday, fueled by geopolitical uncertainty and high demand in the international bullion market (where spot gold is nearing $5,000/oz).
• Currency: The PKR remains relatively stable but sensitive to the rising import costs of gold and energy.

Rates are subject to market changes. Data last updated: 9/10/2025

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