Gold prices in Pakistan recorded a strong upward move on January 11, 2026, pushing rates to near-record levels across local bullion markets. The sharp increase came as rising international gold prices, currency pressures, and global economic uncertainty combined to lift domestic rates.

The surge reflects growing investor demand for gold as a safe-haven asset, particularly amid expectations of interest rate cuts, concerns about inflation, and volatility in global financial markets. Local traders describe the movement as part of a broader bullish trend, not just a one-day spike.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold registered one of its most notable daily gains in recent weeks, signalling strong momentum.

Latest Gold Rates in Pakistan (11 January 2026)

Gold prices increased across all major weight categories, affecting both investors and jewellery buyers.

Gold Price Table Pakistan

The rise follows an already bullish previous session, suggesting continued strength rather than temporary volatility.

Karat-Wise Gold Prices in Pakistan

Gold prices also climbed across different purity levels, impacting both retail buyers and manufacturers.

Gold Purity Rates

Note: Prices may vary slightly by city due to jeweller margins, transportation costs, and local demand.

Why Are Gold Prices Rising in Pakistan?

The domestic gold rally closely mirrors global market trends, where international gold prices surged due to a combination of economic and geopolitical factors.

Key Reasons Behind the Gold Price Increase

• Weaker-than-expected US employment data, increasing recession concerns
• Rising expectations of interest rate cuts by major central banks
• Higher demand for inflation hedges amid cost-of-living pressures
• Volatility in global equity markets is pushing investors toward safer assets
• Fluctuations in the Pakistani rupee, increasing import costs

International spot gold prices moved sharply higher, and since Pakistan relies heavily on imported gold, local rates reacted immediately.

Impact on Gold Buyers and Investors in Pakistan

For Investors

The latest price surge reinforces gold’s role as a long-term store of value and a hedge against inflation and currency depreciation. Many investors view the current rally as a signal to hold rather than sell, expecting further upside.

For Jewellery Buyers

Higher prices may slow jewellery purchases, especially with the wedding season demand approaching. Retailers in major cities like Karachi, Lahore, and Islamabad report cautious buying behaviour, with customers waiting for price stability.

City-Wise Gold Rate Comparison (Estimated)

Minor variations reflect local taxes and jeweller premiums.

Gold Price Outlook: What to Expect Next?

Market analysts expect continued volatility in gold prices in the coming weeks. The direction will largely depend on:

• Upcoming US inflation data
• Central bank monetary policy decisions
• Global geopolitical developments
• Currency movements in emerging markets

Any further weakening of major currencies or signs of global economic slowdown could push gold prices even higher in both international and Pakistani markets.

Verified Insights PK’s Perspective

At Verified Insights PK, we believe the current gold price rally is structural rather than speculative. Global uncertainty, inflation fears, and shifting monetary policies are creating a supportive environment for gold.

Our view:

• Short-term fluctuations are likely, but downward corrections may be limited
• Investors should focus on long-term positioning rather than daily price swings
• Jewellery buyers may benefit from waiting for brief pullbacks, but prices are unlikely to return to previous lows soon

Gold continues to prove why it remains one of the most trusted assets in uncertain times.