Gold prices in Pakistan fell sharply on Monday, with the per tola rate dropping Rs3,200 to Rs523,762, according to the All Pakistan Sarafa Gems and Jewellers Association.
The price of 10 grams of 24-karat gold declined Rs2,743 to Rs449,041, while 10 grams of 22-karat gold slipped Rs2,515 to Rs411,635, the association said in its daily rate sheet issued for February 16, 2026. International gold prices also eased by $32 to $5,010 per ounce, reflecting softer trends in global bullion markets.Gold Prices Fall Sharply in Pakistan
Silver prices followed the same trajectory. The per tola rate of 24-karat silver fell Rs55 to Rs8,164, while 10 grams dropped Rs47 to Rs6,999. International silver prices were quoted at $76.80 per ounce, down $0.55 on the day.
Gold Rate in Pakistan Today
The association said domestic gold rates are calculated based on interbank exchange rates and international bullion prices. Pakistan relies heavily on imported gold, making local prices sensitive to movements in the rupee-dollar parity and global benchmarks.
Gold has witnessed heightened volatility in recent months as investors reassess interest rate expectations in the United States and other major economies. Bullion typically weakens when the US dollar strengthens or when bond yields rise, reducing the metal’s appeal as a non-yielding asset.
In Pakistan, gold demand often rises ahead of the wedding season and during festive periods, providing seasonal support to prices. However, analysts say high price levels have curbed retail demand in recent months, with many consumers delaying purchases.
