Gold prices continued their upward trend on Wednesday, February 4, 2026, with 24-carat gold per tola in Pakistan hitting Rs529,162.
The global gold market also crossed the $5,000 mark per ounce, reflecting strong demand and market volatility.
The All Pakistan Sarafa Gems and Jewellers Association reported that 24-carat gold per tola increased by Rs14,800 to Rs529,162. Similarly, the price for 10 grams of 24-carat gold rose by Rs12,689, reaching Rs453,671.
In just two days, the price of 24-carat gold per tola has surged by Rs38,800, highlighting a significant spike in domestic gold rates.
Global Gold Market trends
Internationally, gold per ounce rose by $148, reaching $5,064 today. Over the past two days, global gold prices have increased by $388 per ounce, indicating a strong bullish trend in the commodities market.
Analysts attribute this rise to increased global demand and economic factors influencing precious metals.
Silver prices also climb
Silver prices in Pakistan saw a modest increase, with 24-carat silver per tola rising by Rs109 to Rs9,255. The price for 10 grams of silver increased by Rs93, reaching Rs7,934.
International silver also experienced gains, with the per-ounce rate increasing by $1.09, now standing at $87.80.
