Karachi, February 13, 2026 – Gold prices in Pakistan witnessed a sharp decline on Friday, falling by Rs8,600 per tola, in line with a significant slump in the international bullion markets.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola dropped to Rs519,962, compared to Rs528,562 in the previous trading session across local markets. Despite the latest correction, gold prices remain elevated, having touched an all-time high of Rs572,862 per tola on January 29, 2026.
Similarly, the price of 24-karat gold per 10 grams decreased by Rs7,373, settling at Rs445,783, down from Rs453,156 recorded a day earlier.
Bullion market experts attributed the steep decline in domestic gold rates to easing trends in the global markets. They noted that ongoing geopolitical uncertainties and persistent trade disputes continue to fuel volatility in international gold prices, leading to frequent fluctuations.
In the international bullion market, gold prices fell by $86 per ounce, closing at $4,972, compared to $5,058 in the previous session. Analysts said that profit-taking and shifting investor sentiment towards riskier assets also contributed to the downward pressure on gold prices worldwide.
Market observers expect gold rates in Pakistan to remain volatile in the short term, closely tracking movements in the international market, currency exchange rates, and global economic developments.