Gold Price in Pakistan
January 16, 2026
The gold market in Pakistan continues to see significant movements today. As of January 16, 2026, the bullion market has updated the rates for 24k, 22k, and 21k gold. Below is the detailed breakdown of today's gold rates per Tola.
Why is Gold Expensive? The International Impact
Many consumers wonder why gold prices in local Sarafa Bazaars fluctuate so drastically. The price you see today is not determined solely by local demand; it is heavily influenced by the International Spot Market and the value of the US Dollar.
1. The Dollar-Rupee Parity
Gold is traded internationally in US Dollars (USD). When the Pakistani Rupee (PKR) devalues against the dollar, the cost to import gold rises immediately. Even if the international gold price stays stable, a weaker Rupee means gold becomes more expensive in Pakistan.
2. Global Uncertainties
Investors globally view gold as a "safe haven." During times of geopolitical tension or economic instability in major economies (like the US or China), international investors rush to buy gold. This drives the international ounce price up, which directly increases the "per tola" rate in Pakistan.
3. The "Premium" Effect
Occasionally, if imports are restricted or demand in Pakistan is exceptionally high (such as during wedding seasons), local dealers may charge a "premium" or extra cost over the international rate to manage supply shortages.
*Disclaimer: Gold prices fluctuate constantly throughout the trading day based on market conditions. The rates provided above are derived from the opening market data for Jan 16, 2026.*