ISLAMABAD – Gold prices in Pakistan on Saturday day (03 January 2025) are expected to see fluctuation in line with changes in global rates.
The precious commodity opened at Rs460,262 per tola in local sarafa market as it moved up by Rs5,700 in previous session.
The trading for 10 grams of 24-karat gold started at Rs394,600 after its price increased by Rs4,887 in previous trading session.
Gold Price Trend in International Market Today
In international bullion market, spot gold reached an all-time high, driven by expectations of interest rate cuts, geopolitical tensions, economic instability, and increased purchases by central banks and ETFs.
The price of gold dropped to $4,379 per ounce.
Gold Prices Forecast for 2026
Gold prices are likely to climb further in the coming year 2026, with predictions indicating the potential for record highs in US dollar terms.
As a result, gold prices in Pakistan are likely to move up due to global economic factors and fluctuations in the value of the Pakistani Rupee (PKR).
Experts forecast that gold prices could increase significantly over the next five years (2025-2030), driven by factors such as global inflation, geopolitical instability, central bank gold purchases, and strong demand for the commodity from Asian markets.
Reports said major financial institutions, including Goldman Sachs and Societe Generale, have projected gold prices to potentially reach $5,000 per ounce by 2026.
Factors that can play role in driving the gold prices up include geopolitical tensions, a weaker US dollar, and strong demand from countries like China and India.
Silver Prices in Pakistan Today
Meanwhile, the price of per tola silver opened at Rs7,862 while the 10-gram silver price increased by Rs195 in previous session as today it stands at Rs6,740.
Gold Prices FAQs
What is the current price of gold in Pakistan?
As of January 3, 2026, gold opened at Rs469,262 per tola in Pakistan’s local sarafa markets. The price increased by Rs5,700 compared to the previous day. For 10 grams of 24-karat gold, the price started at Rs394,600.
How much did gold prices increase in Pakistan on January 1, 2026?
On January 2, 2026, the price of gold saw a notable increase of Rs4,887 for 10 grams of 24-karat gold in Pakistan.
What is the trend of gold prices in the international market?
In the international bullion market, the price of gold stood at $4,379 per ounce due to factors like expectations of rate cuts, geopolitical concerns, and growing demand from central banks and ETFs.
What are the forecasts for gold prices in 2026?
Gold prices are expected to rise further in 2026, with analysts predicting that prices could reach new record highs in US dollar terms. Factors influencing this forecast include global inflation, geopolitical instability, and strong demand from countries like China and India.
Why are experts predicting higher gold prices in the future?
Experts predict that gold prices will rise in the coming years due to a combination of global economic factors, including rising inflation, geopolitical instability, increasing demand for gold from Asian markets, and significant gold purchases by central banks.
