Karachi, Jan 2, 2026 — Pakistan gold climbed Rs5,700 per tola on Friday, lifting the 24‑karat benchmark to Rs460,262 and prompting renewed investor interest after a four‑day slide. The move also pushed the 24‑karat rate per 10 grams to Rs374,600, while international bullion closed at $4,379 per ounce — a $57 uptick that underpinned the domestic rebound.
- Price (24K per tola): Rs460,262 (up Rs5,700)
- Price (24K per 10g): Rs374,600 (up Rs4,887)
- International close: $4,379/oz (up $57)
- Source & date: All Pakistan Sarafa, Gems and Jewelers Association (APSGJ), Jan 2, 2026
Market context
The rebound, reported by the All Pakistan Sarafa, Gems and Jewelers Association (APSGJ), mirrors wider safe‑haven flows on geopolitical jitters and trade uncertainty. International traders pushed bullion higher on Friday, tightening the correlation between the dollar‑priced ounce and South Asian spot rates. The domestic move followed four days of declines and sits below December 27’s record Rs475,662 per tola.
Beyond headline numbers, the market shows tactile signs of renewed demand: physical bars and jewelry orders noted a return, driven by buyers seeking the substantial heft and burnished tone of allocated stock rather than paper exposure. Analysts point to short‑term volatility, with currency swings and offshore flows likely to keep intraday ranges wide.
2025 trend lines — sustainability and supply signals
As we move through 2025 into 2026, precious‑metal dynamics are increasingly shaped by provenance and sustainability. Retailers report stronger premiums for responsibly sourced and recycled gold, and investors are pricing in ESG‑certified supply chains. That structural preference for traceable metal is changing inventory strategies: suppliers with certified recycled metal command a steadier bid when safe‑haven demand spikes.
Why this matters to US retailers and investors
For US buyers and specialty jewelers, Pakistan’s price move is a signal, not an isolated blip. Importers and wholesalers should note three practical implications:
- Hedging and cost planning — A $57 rise at the international level feeds through quickly to spot markets; maintain tighter hedges on forward commitments to manage margin erosion.
- Inventory mix — Demand has shifted toward physical, certified stock with visible chain‑of‑custody. Holding a measured allocation of recycled or responsibly sourced metal can protect margins during spikes.
- Consumer demand timing — Diaspora and bridal purchases can amplify seasonal demand; expect higher retail uptake during festival and wedding windows if prices stabilise.
The rebound offers temporary relief to investors who had absorbed the recent pullback, reaffirming gold’s role as a portfolio ballast. Yet the immediate outlook remains conditional on geopolitical developments, currency moves and offshore liquidity — factors likely to keep the market’s vitreous luster and price dynamics in flux.
Image Referance: https://pkrevenue.com/pakistan-gold-prices-jump-rs5700-per-tola-after-four-day-decline/