The Karachi bullion market witnessed a historic session on Wednesday, with prices once again officially declared at “All-Time Highest” levels.
The today gold rate in Karachi for 24-karat gold executed an unprecedented hyper-surge, rocketing past the once-unthinkable Rs 550,000 per tola barrier.
The price exploded by an astronomical Rs 21,100 in a single day, closing at a staggering Rs 551,662.
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Gold Rates in Karachi for Wednesday, January 28, 2026:
- Gold (24-Karat) per tola: Rs. 551,662, up by Rs. 21,100
- Gold (24-Karat) per 10 grams: Rs. 472,961, up by Rs. 18,090
- Gold (22-Karat) per 10 grams: Rs. 433,563, up by Rs. 16,583
- Silver (24-Karat) per tola: Rs. 11,911, up by Rs. 271
- Silver (24-Karat) per 10 grams: Rs. 10,211, up by Rs. 232
Gold Rate in Pakistan – Gold Price Today Live Updates
Silver Prices in Pakistan – January 28, 2026
Silver also climbed powerfully to new peaks, with the rate per tola rising to Rs 11,911, though its gains were overshadowed by gold’s apocalyptic rally.
The global gold price per ounce skyrocketed by $211 to a mind-bending $5,293, decisively breaking the $5,000 barrier.
The today gold rate in Karachi is no longer just a commodity price but the primary indicator of a deepening financial crisis and a massive flight to safety.
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All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, with President Muhammad Qasim Shikarpuri stating that prices are based on interbank exchange rates for purity 999 (24K).
A day earlier, Karachi bullion market presented a mixed picture on Tuesday, with gold taking a slight breather while silver continued its explosive rally.
The today gold rate in Karachi for 24-karat gold per tola saw a minor dip of Rs 1,500, settling at a historic level of Rs 530,562.
Despite the small retreat, the yellow metal remains firmly entrenched in record territory, holding over Rs 30,000 above the monumental Rs 500,000 barrier breached just last week.
