Gold prices declined sharply in Pakistan on Wednesday, February 18, 2026, with 24-karat gold dropping to Rs516,062 per tola in the local market. The decrease of Rs7,700 comes a day after rates held steady at Rs523,762 per tola on February 17, reflecting renewed volatility in bullion trading.
Gold holds steady at Rs523,762 per tola in Pakistan on Feb 17
According to market data, 22-karat gold was priced at Rs473,179 per tola. The latest gold rates in Pakistan are closely monitored by investors, jewelers and consumers, as daily fluctuations influence buying decisions and investment planning.
Latest gold rates in local market
As of February 18:
-
24K gold (1 tola): Rs516,062
-
24K gold (10 grams): Rs442,440
-
24K gold (1 gram): Rs44,244
-
22K gold (1 tola): Rs473,179
-
22K gold (10 grams): Rs405,570
Other purity levels were quoted as follows:
-
21K (1 tola): Rs451,670
-
20K (1 tola): Rs430,162
-
18K (1 tola): Rs387,146
In the international market, 24-karat gold was trading at $4,923 per ounce, a benchmark that typically guides domestic price movements alongside exchange rate trends.
Recent trend
Over the past week, gold prices have shown sharp swings. The per-tola rate stood at Rs523,762 on February 17 before falling to Rs516,062 on February 18. Earlier in the week, prices had moved above Rs526,000 per tola.
Gold remains widely used in Pakistan for jewelry and as a store of value. Local rates generally track international bullion prices and currency fluctuations.
Today's E-Paper