Gold prices in Pakistan remained unchanged on Sunday, February 1, 2026, with 24-carat gold trading at Rs 511,862 per tola in the local market. The 22-carat rate stood at Rs 469,327 per tola, reflecting stability after sharp movements earlier in the week.
The rates apply across major cities, including Karachi, Lahore, and Islamabad. Gold prices are closely watched in Pakistan, where bullion is widely used for jewellery—particularly during the wedding season—and as a store of value amid inflation and currency fluctuations.
Gold prices as of February 1, 2026
| Gold purity | Per tola (PKR) | 10 grams (PKR) |
|---|---|---|
| 24K | 511,862 | 438,839 |
| 22K | 469,327 | 402,270 |
| 21K | 447,994 | 383,985 |
| 20K | 426,661 | 365,700 |
| 18K | 383,995 | 329,130 |
On the international market, 24-carat gold was trading at around $4,894 per ounce.
Recent market movement
After touching record levels last week, gold and silver prices in Pakistan have shown signs of stabilization, broadly in line with movements in the international bullion market.
Gold sheds Rs. 35,500 per tola in Pakistan after historic surge
Silver prices also experienced sharp swings over the past few sessions before settling lower.
How gold prices are determined locally
According to the All-Pakistan Gems and Jewellers Sarafa Association, gold prices in Pakistan are calculated using the international spot price of gold, the US dollar–Pakistani rupee exchange rate, and local market premiums linked to logistics and demand. Changes in the exchange rate are reflected quickly in domestic bullion prices.
Gold’s role in Pakistan
Gold continues to hold economic and cultural importance in Pakistan. Beyond its use in jewellery, many households view gold as a long-term hedge against inflation and economic uncertainty. As of Sunday, the gold rate in Pakistan stands at Rs 511,862 per tola for 24-carat gold, with future prices expected to track global market trends and currency movements.
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