Gold rate in Karachi, Pakistan witnessed history on Wednesday as golden metal exploded past the monumental Rs 500,000 per tola barrier.
In an unprecedented historic price surge, the yellow metal soared by a staggering Rs 12,700 in a single session, closing at a new height of Rs 506,362.
This cataclysmic rise represents the largest single-day rupee gain on record, obliterating all previous price ceilings and signaling a market in pure panic-buying mode.
Visit Times of Karachi website for the latest news-related content
The gold price milestone of half a million rupees has been decisively breached, entering a new era of valuation.
The gains were equally astronomical in grams, with 24-karat gold surging Rs 10,888 to Rs 434,123. The 22-karat variant rose Rs 9,981 to Rs 397,960.
International gold skyrocketed by $127 to an astounding $4,840 per ounce.
Silver Prices in Pakistan – Jan 21, 2026
The price of silver per tola (24 karat) rose by Rs 64 to reach Rs 9,933, while the 10-gram silver rate increased by Rs 54, closing at Rs 8,515. On the international front, silver prices edged up by $0.64, trading at $94.58 per ounce.
These price changes come amid ongoing fluctuations in global precious metals markets and the impact of exchange rate variations on local prices.
Gold Rate in Pakistan – Gold Price Today Live Updates
The rates are calculated based on the interbank exchange rates, ensuring alignment with international market movements.
A day earlier, gold prices launched another powerful rally in Karachi, Pakistan on Tuesday, surging over Rs 4,000 per tola with market once again charging towards the historic Rs 500,000 milestone.
The price of 24-karat gold per tola jumped by Rs 4,300, closing at Rs 493,662. This massive gain brings the market to the brink of the Rs. 494,000 level.
Follow the Times of Karachi channel on WhatsApp
In 10 grams, 24-karat gold increased by Rs 3,686 to Rs 423,235. The price for 22-karat gold also surged, gaining Rs. 3,379 to settle at Rs. 387,979.
Internationally, the gold price per ounce climbed by $43 to $4,713.
