Gold Rate in Pakistan has just smashed all previous records, hitting a historic high that has stunned investors and jewellers alike on Wednesday, 29 January 2026. If you are planning to buy jewellery or invest, knowing the exact price per tola and gram right now is critical before you make any move. This surge is not random; powerful global and local economic forces are pushing prices to unprecedented levels.
The bullion market is witnessing intense activity as gold solidifies its position as the ultimate safe-haven asset for Pakistanis. Driven by soaring international prices and relentless domestic inflation, the yellow metal’s value has climbed sharply, creating both anxiety and opportunity for buyers and sellers.
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What is Today’s Gold Rate in Pakistan? (29 January 2026)
According to the latest update from the All Pakistan Sarafa Gems and Jewellers Association, here are the official rates for 24-karat (24K) gold as of the morning of 28 January 2026.
| Measurement | Price in Pakistani Rupees (PKR) |
|---|---|
| Per Tola (11.66 grams) | Rs. 530,562 |
| Per 10 Grams | Rs. 454,871 |
| Per Gram | Rs. 45,487 |
Note: These are bullion rates for pure 24K Gold Rate in Pakistan. Jewellery prices will be higher due to making charges and design work.
What are the Gold Rates for Different Purities Today?
Gold Rate in Pakistan is available in various purities, each with a different price point. Here is a quick comparison for 28 January 2026:
| Gold Purity | Price Per Tola | Price Per 10 Grams |
|---|---|---|
| 24K (Pure Gold) | Rs. 530,562 | Rs. 454,871 |
| 22K Gold | Rs. 486,473 | Rs. 416,966 |
| 21K Gold | Rs. 464,330 | Rs. 398,012 |
Important: Rates can vary by Rs. 500 to Rs. 2,000 between cities like Karachi, Lahore, and Islamabad due to local demand and dealer margins.
Why is Gold at a Record High on 29 January 2026?
This historic peak is driven by a powerful mix of global and local factors:
- Global Gold Price Surge: International spot gold has crossed $5,100 per ounce. Global economic uncertainty and geopolitical tensions are driving investors worldwide towards safe assets.
- Pakistani Rupee Depreciation: Pressure on the local currency means it takes more rupees to buy the same amount of dollar-priced gold, amplifying price hikes.
- High Domestic Inflation: With inflation eroding savings, Pakistani families and investors are turning to gold as a trusted store of value to protect their wealth.
- Strong Local Demand: Seasonal wedding purchases and strategic investment buying are creating consistent demand, supporting high price levels.
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Should You Buy or Sell Gold Today?
This is the crucial question for anyone dealing with gold on 28 January 2026. Consider these points:
- For Buyers (Jewellery/Investment): You are buying at an all-time high. Consider waiting for a small correction if possible. If buying is urgent, compare rates from multiple certified jewelers.
- For Sellers: It is a favourable time to sell gold items (like old jewellery) if you need liquidity, as you will get a high return per tola.
- For Investors: The trend is strongly bullish, but markets can be volatile. Diversify and only invest funds you can afford to hold long-term.
What is the Market Outlook After This Record?
Analysts and market experts are monitoring these key indicators:
- Short-Term: Prices may see some volatility and minor corrections after such a sharp rise, but the overall trend remains strong.
- Long-Term: Gold prices are expected to stay elevated unless there is a major positive shift in the global economic outlook or a significant strengthening of the Pakistani Rupee.
- Advice: Keep a close watch on daily rates if you plan to transact in the coming weeks.
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Where to Check Official and Live Gold Rates?
For the most accurate and trusted daily updates:
- Follow the official rates released by the All Pakistan Sarafa Gems and Jewellers Association.
- Check financial news websites and business channels for live updates.
- Always confirm the rate with your local trusted jeweller at the time of purchase, as prices can change within the same day.
Gold has proven its strength as a financial shield in turbulent times. Whether you are an investor, a bride’s family, or simply checking your existing assets’ value, staying informed with the correct price on 29 January 2026 is your first step towards making a smart financial decision.
This article is for informational purposes only. SmartFixers.pk is not an official government website and is not affiliated with any government department. Readers are advised to verify all information from official government sources before taking any action.
Our editorial team publishes original and informational content for educational purposes only.
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