KARACHI – Gold prices in Pakistan are likely to see further volatility on Saturday a day after it recorded significant drop in domestic market amid rising US-Iran tensions have forced investors to shift their focus to safe-have investments.
The precious yellow commodity has long been considered a safe haven for investors, especially during periods of economic uncertainty. Its value tends to remain stable or even rise when markets are volatile, making it a go-to asset for wealth preservation.
Unlike investments in property, stocks or currencies, gold is not directly impacted by interest rates or government policies, which enhances its appeal during inflationary or geopolitical tensions.
Today, gold rates in Pakistan opened at Rs537,362 per tola as it saw a decrease of Rs35,500 in previous session. The price of 10-gram stands at Rs460,701 after a decline of Rs30,435.
The silver price in Pakistan today (31 January 2026) opened at Rs11,069 per tola as it moved down by Rs1,106 in previous session.
The price of 10-gram silver also dipped to Rs9,489 after it witnessed a decrease of Rs949 a day earlier.
In international market, the gold price has reached to $5,150 per ounce after it dropped by $355 per ounce on Friday due to rising interest of investors.
Experts have attributed the recent dip in gold prices in global market to dramatic sell-off as the investors have started taking profits after the precious metal reached all-time highs.
However, they are not sure if the decline continues as the prevailing tensions between Iran and the US could make the situation otherwise.
US President Donald Trump has pressed Iran to hold negotiations for a nuclear deal, while Tehran threatened retaliation against the US, Israel, and allies.
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