Karachi, February 19, 2026 – The All Pakistan Sarafa Gems and Jewelers Association has released the updated daily prices of gold and silver for Thursday, February 19, 2026, to guide the general public and bullion market traders.
Gold and silver prices in Pakistan surged amid rising global uncertainties, including escalating Iran-US tensions, keeping the bullion market volatile. Local gold rates are closely linked with the prevailing interbank foreign exchange rates announced by the State Bank of Pakistan (SBP).
The updated prices for gold and silver are as follows:
| Commodity | Unit | Price | Change |
| Gold 24K | per tola | Rs523,962 | + Rs7,900 |
| Gold 24K | per 10 grams | Rs449,212 | + Rs6,773 |
| Gold 22K | per 10 grams | Rs411,792 | + Rs6,209 |
| Gold | per ounce (global) | $5,012 | + $79 |
| Silver 24K | per tola | Rs8,404 | + Rs358 |
| Silver 24K | per 10 grams | Rs7,205 | + Rs307 |
| Silver | per ounce (global) | $79.20 | + $3.58 |
Bullion market analysts attributed the rise in gold and silver prices to both geopolitical tensions and fluctuations in the international markets. Investors are closely watching the developments, as these metals continue to act as safe-haven assets during uncertain times.
Traders and buyers are advised to monitor market movements carefully before making large transactions, as prices remain highly sensitive to global events. The ongoing volatility suggests that gold and silver may continue to climb, influencing investment decisions and local jewelry market trends. Market participants should remain vigilant in the coming days.