The Karachi bullion market continued its relentless ascent on Wednesday, with gold prices powering higher for a second consecutive day. The today gold rate in Karachi for 24-karat gold surged by another Rs. 14,800, closing at Rs. 529,162.
This sustained rally, adding a total of Rs. 38,800 over two days, demonstrates that the recent recovery is gaining formidable momentum.
Visit Times of Karachi website for the latest news-related content
The market is rapidly reclaiming territory lost in last week’s crash and is now challenging the record highs set in late January, underscoring the persistent bullish momentum.
Gold Rates in Karachi for Wednesday, February 4, 2026:
- Gold, 24K per tola: Rs. 529,162 up by Rs. 14,800
- Gold, 24K per 10 grams: Rs. 453,671 up by Rs. 12,689
- Gold, 22K per 10 grams: Rs. 415,880 up by Rs. 11,632
- Silver, 24K per tola: Rs. 9,255 up by Rs. 109
- Silver, 24K per 10 grams: Rs. 7,934 up by Rs. 93
Silver Rates in Karachi for Wednesday, February 4, 2026:
Silver prices also edged higher, adding Rs. 109 per tola to reach Rs. 9,255, though its gains were more subdued compared to gold’s explosive move.
The driving force remains a powerful global uptrend. The international gold price per ounce climbed by $148 to breach the $5,000 level again at $5,064.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
Follow the Times of Karachi channel on WhatsApp
A day earlier, the Karachi bullion market erupted with historic force, with gold prices executing one of the largest single-day gains on record.
The today gold rate in Karachi for 24-karat gold skyrocketed by an astonishing Rs. 24,000, closing at a staggering Rs. 514,362.
This monumental surge not only fully recovers last week’s devastating crash but propels the market back to the highs seen just days prior, signaling an overwhelming return of aggressive buying pressure.
