Gold Price Update – January 6, 2026

Gold prices have surged sharply at the start of 2026, marking a strong rebound after the late December dip. The rise is driven by geopolitical tensions in South America, uncertainties in the Russia-Ukraine conflict, and a weaker US dollar. Investors are flocking to gold as a safe-haven asset, pushing domestic and international rates higher.

Current Gold Rates

Region / Unit	24K Gold Rate	22K Gold Rate
International (per Ounce)	$4,453 USD	—
Pakistan (per Tola)	Rs. 467,022	Rs. 428,104
India (per 10 Grams)	₹137,270	₹125,830

Note: Prices are approximate and based on spot market data. Local jewelry rates may vary due to taxes and regional duties.

Key Factors Influencing Gold Prices

Geopolitical Instability: Events such as the US involvement in Venezuela and ongoing Russia-Ukraine tensions are increasing demand for safe-haven assets.
Currency Fluctuations: A weaker US dollar and declining Rupee make gold imports costlier, raising local prices.
Central Bank Purchases: Major central banks continue to diversify reserves into gold, keeping demand high.
Monetary Policy: Expectations of potential interest rate cuts by the Federal Reserve are supporting gold’s upward trend.

2026 Forecast

Analysts from institutions like JP Morgan and Goldman Sachs are bullish on gold for 2026:

Q1–Q2 Outlook: Gold may reach $4,800/oz by mid-year amid market volatility.
Year-End Target: Prices could surpass $5,000/oz by Q4 2026 if current economic and geopolitical trends continue.

Investor Tip: Avoid chasing sudden spikes. Consider buying on minor price corrections to maintain a balanced investment portfolio.

Official Sources

For verified gold rate updates:

Karachi Sarafa Association: http://www.ksagold.com
Pakistan Mercantile Exchange (PMEX): https://www.pmex.com.pk

Conclusion

Gold remains a strong investment option amid 2026’s geopolitical and economic uncertainties. Investors are advised to track rates, stay updated through official sources, and adopt disciplined buying strategies to make the most of market movements.