Gold Price Update in Pakistan Today
Gold prices in Pakistan opened the new trading week with fluctuating trends as local bullion markets reflected movements in the global gold market. After recent declines, buyers and investors are watching closely to see if prices will stabilize or move lower. Today’s update includes official local gold and silver rates, reasons behind recent shifts, and expert tips for buyers and traders. Rates below come from verified local market sources and top Google updates.
Table of Contents
Read Also: Free SIMs Distributed
| Item | Today’s Price (02 Feb 2026) |
|---|---|
| 24K Gold (Per Tola) | Rs 525,000 (UrduPoint) |
| 24K Gold (10 Grams) | Rs 450,103 (Hamariweb.com) |
| 22K Gold (Per Tola) | Rs 481,374 (Hamariweb.com) |
| Silver (Per Tola) | Rs 9,006 (approx) (The Express Tribune) |
| Silver (10 Grams) | Rs 7,721 (approx) (The Express Tribune) |
| Market Trend | Volatile, downward pressure (The Express Tribune) |
| Global Gold (Per Ounce) | $4,895 (approx) (The Express Tribune) |
| Source | All Pakistan Sarafa Gems & Jewellers |
Why Are Gold Prices Falling
Gold has traditionally been a safe place to park money during uncertainty, but today’s prices are under pressure. Key reasons include:
- Profit booking after recent highs pushing prices down.
- Stronger real yields and investor interest in other assets.
- Reduced expectations of big interest rate cuts.
- Short-term selling pressure in global bullion markets.
Even though gold is a safe-haven asset, short corrections are normal after sharp rallies. Analysts say movements are tied closely to how global markets perform.
Local Market Rates Explained
Here are simple bullet points to help you understand today’s local gold situation:
- 24K Gold Price: Highest purity gold, used for investment and jewellery.
- 10‑gram Gold Rate: Popular size for jewellery buyers.
- Silver Prices: Follow gold movements, but with more volatility.
- City Variation: Prices may differ slightly in Karachi, Lahore, Islamabad due to dealer margins.
Local prices usually reflect international spot rates plus a premium set by market associations.
International Price and Trend
The global gold price also moved lower, with bullion values dipping by about $255 per ounce. This aligns with the downward trend seen in Pakistan’s domestic market. Lower international rates often cause local markets to adjust prices accordingly.
Steps to Track International Gold Price
- Visit an official bullion market tracking site (like https://urdupoint.com for Pakistan rates).
- Check the current per ounce international gold price.
- Compare against local per tola/10‑gram rates.
- Note the difference due to local premiums.
These steps help investors understand how global shifts affect domestic pricing.
What Buyers and Investors Should Know
Gold can behave differently depending on your goal. Here’s what to consider:
- Jewellery Buyers: Lower prices today may mean short-term savings.
- Long-Term Investors: Watch global trends for price direction.
- Traders: Stay alert for volatility, especially around major economic news.
- Currency Impact: Pakistan rupee strength or weakness influences local bullion pricing.
Experts suggest tracking both international bullion rates and local dealer prices before making big purchases.
Silver Rates Also Reflect Pressure
Silver prices in Pakistan fell along with gold. Lower demand and global metal trends are affecting both markets. Buyers of silver bullion or jewellery are seeing lower rates, though silver often moves more sharply than gold due to smaller market size.
Helpline & Contact Information
If you want the most up‑to‑date and official gold price information or have questions:
- Official Local Price Source: Visit https://urdupoint.com/en/business/today-gold-rate-in-pakistan-02-february-2026-2129729.html for detailed rate tables.
- All Pakistan Sarafa Gems & Jewellers Association: Local market authority providing daily bullion rates.
- Local Jewellers: Contact your city’s main sarafa bazaar for live prices.
Always check official sources before buying or selling.
Conclusion
Gold price update in Pakistan today shows a clear drop from recent levels, driven by global market corrections and profit taking. For buyers, this dip offers some relief, but the overall market remains volatile. Silver has also fallen, reflecting broader trends. If you are investing or planning to buy jewellery, tracking both international and local rates from reliable sources is key. Stay informed and cautious in timing your purchases.
FAQ
What is the gold price per tola today in Pakistan?
The 24K gold price per tola is about Rs 525,000 on 02 February 2026.
Why are gold prices falling?
Prices decline due to profit booking, weaker global demand, and changes in investor focus away from gold.
Should I buy gold now?
If you are a jewellery buyer, lower prices can be beneficial. For investors, watch trends closely before buying.
Do silver prices follow gold?
Yes, silver often follows the direction of gold prices but can be more volatile.