Karachi, February 16, 2026 – Gold prices in Pakistan experienced a sharp decline on Monday, falling by Rs3,200 per tola amid a downturn in the global bullion market.
According to the All Pakistan Sarafa Gems and Jewelers Association (APSGJ), the 24-karat gold per tola closed at Rs523,762, down from the previous closing of Rs526,962. Similarly, the price of 24-karat gold per 10 grams dropped by Rs2,743 to Rs449,041, compared with Rs451,784 earlier.
The domestic gold market had recently witnessed record highs, with prices reaching Rs572,862 per tola on January 29, 2026. Analysts say the current dip reflects broader global trends rather than local factors.
Experts in the bullion market attributed the decline to volatility in the international markets, influenced by geopolitical tensions and trade uncertainties. They noted that global investors are increasingly cautious, causing fluctuations in gold prices worldwide.
Internationally, gold prices fell by $32 per ounce, closing at $5,010 from the previous $5,042, putting downward pressure on domestic rates. Analysts suggest that ongoing political instability, trade disputes, and currency fluctuations are likely to keep gold prices volatile in the near term.
Investors and traders are advised to monitor international market trends closely, as changes in global demand and supply could further impact gold rates in Pakistan. The APSGJ emphasized that careful market observation is key to making informed buying and selling decisions.