Gold Price Rollercoaster in Pakistan: Current Rs. 526K+ Per Tola – Predictions for Years Ahead
By Admin – February 19, 2026
Gold prices in Pakistan have been on a rollercoaster ride, moving up and down as global and local factors influence the market. In mid-February 2026, domestic bullion markets reported gold rates above the half-million rupee mark per tola, with demand remaining strong despite short-term fluctuations.
Today’s Gold Prices in Pakistan (February 15, 2026)
24K (Pure) Gold
- Price per tola: Rs. 506,500–526,000
- Price per 10 grams: Rs. 434,000–452,000
- Price per gram: Rs. 43,000–45,000
Jewelry Gold
- 22K Gold: Rs. 464,000+ per tola
- 21K Gold: Rs. 443,000+ per tola
Prices vary slightly between cities like Karachi, Lahore, Islamabad, and Multan, depending on local demand and market conditions.
Why Gold Prices Are High
Several factors are pushing gold prices upward in Pakistan:
Global Gold Trends
Internationally, gold is trading strong, often near $4,900 per ounce. Economic uncertainty, inflation fears, and geopolitical tensions make gold a preferred safe-haven investment worldwide.
Weak Pakistani Rupee
Because gold is traded globally in US dollars, a weaker rupee increases local gold prices, even if international prices remain stable.
Local Demand
Gold is deeply rooted in Pakistani culture, with weddings, Eid, and family events creating consistent demand. Additionally, many investors use gold to protect against inflation, further boosting local prices.
Recent Market Fluctuations
Gold prices have seen noticeable swings in recent weeks:
- 24K gold has reached highs above Rs. 520,000 per tola, but also dipped to around Rs. 506,000 in mid-February.
- These fluctuations reflect daily changes in international markets, local rupee value, and market sentiment.
Short-Term Outlook (Rest of 2026)
Experts predict that gold will continue to trend upward this year:
- Bullish scenario: Prices could reach Rs. 550,000–600,000 per tola if international gold trades near $5,000–$5,500 per ounce.
- Stabilization scenario: Prices may hold around Rs. 530,000–570,000 per tola if global markets calm and the rupee stabilizes.
Despite volatility, the overall trend for 2026 appears upward.
Medium & Long-Term Predictions (2027–2030)
2027
Analysts expect gold to gain further, potentially reaching Rs. 600,000–750,000 per tola if global prices rise and the rupee remains under pressure.
2028–2030
- Optimistic projections suggest international gold could reach $6,500–$8,000 per ounce, which may push local gold prices to Rs. 800,000–1,000,000+ per tola.
- More moderate scenarios see prices ranging Rs. 700,000–900,000 per tola, depending on economic conditions and currency stability.
Factors like the strength of the dollar, global oil prices, and geopolitical events will heavily influence long-term prices.
Why Gold Remains Important in Pakistan
Gold continues to be popular for multiple reasons:
- Cultural significance: Used for weddings, Eid, and gifts.
- Inflation hedge: Maintains value when the rupee weakens.
- Investment safety: Seen as a more reliable option than volatile stocks or cash savings.
Investors often buy physical gold bars or biscuits to safeguard wealth, while jewelry buyers rely on 21K or 22K gold for ornaments.
Tips Before Buying Gold
- Compare prices across multiple dealers to get the best value.
- Monitor international spot prices, as local rates often follow global trends.
- Check the purity of gold carefully—24K gold costs more than 21K or 22K.
- Buy from trusted sources to avoid scams or counterfeit gold.
Conclusion
Gold in Pakistan is experiencing high volatility but steady upward momentum:
- 24K gold is currently above Rs. 500,000 per tola.
- Global economic uncertainty, a weaker rupee, and strong local demand are driving prices higher.
- Experts predict continued gains through 2026 and beyond.
Whether for investment, weddings, or long-term savings, staying updated on market trends and daily rates is crucial for making informed decisions in Pakistan’s dynamic gold market.
