Gold Price Rollercoaster in Pakistan 2026: Current Rs. 526K+ Per Tola & Future Predictions
Gold has always been a significant part of Pakistan’s economy and culture, serving as both an investment vehicle and a symbol of wealth. In 2026, gold prices in Pakistan have been quite volatile, crossing Rs. 500,000 per tola, driven by global developments, local demand, and currency fluctuations.
As of mid-February 2026, domestic bullion markets reported gold prices above the half-million rupee mark per tola, maintaining strong demand despite short-term fluctuations.
📈 Today’s Gold Prices in Pakistan (February 2026)
24K (Pure) Gold
| Unit | Price (PKR) |
|---|---|
| Per Tola | 506,500 – 526,000 |
| Per 10 grams | 434,000 – 452,000 |
| Per Gram | 43,000 – 45,000 |
Jewelry Gold
| Karat | Price per Tola |
|---|---|
| 22K | 464,000+ |
| 21K | 443,000+ |
Prices slightly vary between major cities such as Karachi, Lahore, Islamabad, and Multan, depending on local market demand and supply.
🔹 Why Gold Prices Are High in Pakistan
Several factors contribute to the current surge in gold prices:
Global Gold Trends
Internationally, gold is trading near $4,900 per ounce. Economic uncertainty, inflation fears, and geopolitical tensions make gold a preferred safe-haven investment worldwide.
Weak Pakistani Rupee
Since gold is traded in US dollars, a weaker rupee directly increases domestic gold prices.
Local Demand
Cultural occasions such as weddings, Eid, and family celebrations keep demand consistently high. Investors often purchase gold to protect wealth from inflation, which also drives prices upward.
🔄 Recent Market Fluctuations
Gold has seen noticeable swings in recent weeks:
- 24K gold reached above Rs. 520,000 per tola at its peak.
- Prices dipped to around Rs. 506,000 per tola in mid-February.
These fluctuations reflect daily changes in:
- International gold markets
- Exchange rate of the Pakistani rupee
- Local market sentiment and investor activity
🔮 Short-Term Outlook (Rest of 2026)
Experts predict gold prices will continue to trend upward throughout 2026:
| Scenario | Price Range (PKR/Tola) |
|---|---|
| Bullish | 550,000 – 600,000 |
| Stabilization | 530,000 – 570,000 |
Even with volatility, the overall trend is upward, making gold an attractive investment option.
📅 Medium & Long-Term Predictions (2027–2030)
2027
Analysts expect prices to gain further due to a weak rupee and rising international gold rates: Rs. 600,000 – 750,000 per tola
2028–2030
- Optimistic Scenario: International gold could reach $6,500–$8,000 per ounce, pushing local gold to Rs. 800,000 – 1,000,000+ per tola
- Moderate Scenario: Prices may range between Rs. 700,000 – 900,000 per tola, depending on global markets, rupee stability, and economic conditions
Factors like US dollar strength, oil prices, and geopolitical events will closely influence long-term gold rates.
💎 Why Gold Remains Important in Pakistan
Gold continues to hold cultural, economic, and investment significance:
- Cultural Value: Used in weddings, Eid gifts, and family celebrations
- Inflation Hedge: Maintains value even when the rupee weakens
- Investment Security: Viewed as a safer option compared to stocks or cash savings
How Pakistanis Buy Gold
- Physical gold bars or biscuits for wealth protection
- Jewelry (21K or 22K) for ornaments and gifting
📝 Tips Before Buying Gold
- Compare Prices Across Dealers – Local rates vary slightly.
- Monitor International Spot Prices – Domestic rates often follow global trends.
- Check Purity – 24K gold costs more than 21K or 22K.
- Buy from Trusted Sources – Avoid counterfeit or low-quality gold.
- Stay Updated on Rupee Movements – Currency fluctuations affect price.
⚡ Key Factors Driving Gold Price Fluctuations
- Global Economic Conditions: Inflation, interest rates, and stock market instability
- US Dollar Exchange Rate: Gold prices rise when the rupee weakens
- Geopolitical Tensions: Conflicts and uncertainty boost safe-haven demand
- Local Festivals & Weddings: Seasonal demand peaks during cultural events
🏁 Conclusion
Gold in Pakistan is currently trading above Rs. 500,000 per tola, reflecting both global trends and domestic demand.
Key Takeaways:
- 24K gold is the most expensive, with prices between Rs. 506,500 – 526,000 per tola
- A weaker rupee, international gold trends, and cultural demand are pushing prices higher
- Experts expect continued gains in 2026, with potential long-term increases through 2030
- Gold remains a safe investment and cultural asset, vital for weddings, savings, and inflation protection
Whether for investment or personal use, keeping track of daily gold rates and market trends is essential for making informed decisions in Pakistan’s dynamic gold market.
