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Markets Print edition: 2026-01-20

Gold, silver hit new highs

Published Updated

KARACHI: Local and international gold and silver prices reached record levels on Monday, setting new benchmarks across all markets, traders said.

The global upsurge pushed the local gold prices up by Rs7,500 to new highs of Rs489,362 per tola and Rs6,431 to Rs419,549 per 10 grams, All Pakistan Sarafa Gems and Jewellers Association said.

World market gained USD75, driving the gold bullion prices to historic rise of USD4,670 per ounce while silver set new yardstick of USD93.07 per ounce, up by USD3, it cited.Following the trend, domestic silver prices struck new record highs of Rs9,782 per tola and Rs8,386 per 10 grams, up by Rs300 and Rs257, respectively, according to the association.

It is worth noting that the open market may trade gold and silver at different prices as compared to those officially established by the association.

Copyright Business Recorder, 2026

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