Karachi, February 20, 2026 – Gold prices in Pakistan on Friday witnessed a significant increase of Rs2,500 per tola as international markets continued their upward trend.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola rose to Rs526,462, up from Thursday’s closing of Rs523,962 in local bullion markets. Meanwhile, the price for 24-karat gold per 10 grams surged by Rs2,144, reaching Rs451,356 compared to the previous day’s Rs449,212.
Experts in the bullion market attributed the rise in domestic gold prices to fluctuations in global markets. They highlighted that geopolitical tensions and ongoing international trade disputes have kept gold prices volatile, prompting investors to turn to gold as a safe-haven asset.
Globally, gold prices also saw an upward movement, rising by $25 per ounce to close at $5,037 from the previous day’s $5,012. Analysts noted that the combination of global uncertainties and strong demand has contributed to this upward momentum.
The gold prices in Pakistan had previously reached an all-time high of Rs572,862 per tola on January 29, 2025, reflecting the long-term trend of rising bullion values in the country. Market observers believe that the ongoing global economic shifts may continue to influence local gold rates in the coming weeks.
Investors and buyers are advised to monitor both domestic and international markets closely before making trading decisions.