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Gold prices in Pakistan Today – February 4, 2026 | The Express Tribune
Iran has 15 gold mines, with the largest being the Zarshouran mine located in the country’s northwest. PHOTO: PIXABAY
KARACHI:
Gold and silver prices recorded further gains in both international and local markets on Wednesday, extending the upward trend.
In the international bullion market, gold rose sharply by $148 per ounce to settle at $5,064. The increase was reflected in domestic markets, where the price of gold per tola climbed by Rs14,800 to Rs529,162.
Similarly, the price of gold per 10 grams increased by Rs12,689 to Rs453,671.
Silver prices also registered an uptick. In the local market, silver per tola rose by Rs109 to Rs9,255, while the price per 10 grams increased by Rs93 to Rs7,934.
Spot gold shot up 2.8% to $5,076.01 per ounce as of 0655 GMT, after surging 5.9% on Tuesday, its biggest daily gain since November 2008. Bullion scaled a record high of $5,594.82 last Thursday.
Read: Gold rebounds Rs24,000/tola
US gold futures for April delivery climbed 3.3% to $5,097.20 per ounce.
Spot silver rose 5% to $89.38 an ounce. It touched a record high of $121.64 on Thursday but fell to a month-low at $71.33 on Monday, having registered a record single-session price wipe-out of 27% on Friday.
Spot platinum added 4.2% to $2,302.56 per ounce, while palladium gained 3.5% to $1,794.15.
Earlier on Tuesday, gold prices rebounded sharply, tracking a strong recovery in the international bullion market after several sessions of steep losses that had rattled investors and traders.
In the local market, the price of gold per tola surged by Rs24,000 to settle at Rs514,362, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association. Similarly, the price of 10-gram gold rose by Rs20,576 to Rs440,982.
Read more: Gold, silver prices rebound after brief market pause
The sharp rebound came a day after gold had suffered a significant decline.
On Monday, gold per tola had fallen by Rs21,500 to close at Rs490,362. Overall, the yellow metal had lost a cumulative Rs85,500 per tola over the previous three sessions, reflecting heightened volatility in global markets.
President Donald Trump said he’s considering sending the National Guard to U.S. airports, two days after the administration deployed Immigration and Customs Enforcement agents to several major U.S. airports following hourslong waits for travelers because of the partial government shutdown.
In a Truth Social post Wednesday, Trump blamed Democrats for the shutdown, which began Feb. 14.
“Thank you to our great ICE Patriots for helping. It makes a big difference,” he wrote in his post. “I may call up the National Guard for more help.”
Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Monday, March 23, 2026.
Elijah Nouvelage | Bloomberg | Getty Images
More than 11% of TSA officers called out on Wednesday and over 450 have quit since the shutdown started, the Department of Homeland Security said.
Elevated absences of Transportation Security Administration officers, who are required to work though they’re not getting paid during the shutdown, have contributed to long lines at major U.S. airports, including in Atlanta, Houston and New York.
The DHS, which oversees both ICE and and the TSA, said the ICE agents will “support airports facing the greatest strain” but the department didn’t respond to requests for comment on what the ICE agents’ duties are. ICE agents are getting paid in the shutdown.
Airlines have been warning customers about potentially long security lines, while executives grow increasingly frustrated with lawmakers about the impasse. On Tuesday, Delta Air Lines said it suspended its airport escorts and other special services for members of Congress and their staff because of the ongoing partial shutdown of the DHS.
The shutdown comes as Democrats in Congress have demanded changes to how federal immigration enforcement operates in exchange for releasing DHS funding after two U.S. citizens were shot and killed by ICE officers in Minneapolis.
Low-income families are being offered help with the cost of food during the Easter holidays.
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