Gold prices in Pakistan experienced a historic surge as of Friday, February 6, 2026, building on a massive “blood-run” rally that has seen the precious metal shatter previous records.
Following a staggering single-day increase on Wednesday, the price of 24-carat gold per tola has reached an unprecedented Rs529,162.
This local spike directly mirrors a volatile global market where gold has breached the psychological barrier of $5,000 per ounce.
According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), 10 grams of 24-carat gold is now trading at Rs453,671, marking a sharp rise of Rs12,689 from the previous session’s close.
The momentum began earlier in the week when prices rebounded from a brief period of profit-taking.
On Tuesday, gold had already climbed by Rs24,000 per tola to reach Rs514,362, but Wednesday’s additional Rs14,800 hike solidified the upward trend.
International spot gold surged by $148 to settle at $5,064 per ounce, a price that includes a $20 premium. Analysts attribute this aggressive “bull run” to a combination of weakening global currencies, heightened geopolitical uncertainty, and a surge in central bank reserves, which has pushed investors toward safe-haven assets.
