Gold prices in Pakistan recorded a major increase on Saturday, February 21, 2026, tracking gains in the global bullion market, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA).
Local market rates
- 24-karat gold (per tola):
↑ Rs 7,100 to Rs 533,562 (from Rs 526,462) - 24-karat gold (10 grams):
↑ Rs 6,087 to Rs 457,443 (from Rs 451,356) - 22-karat gold (10 grams):
↑ Rs 5,579 to Rs 419,337 (from Rs 413,758)
The surge reflects strong upward momentum in international prices, which continue to influence domestic bullion rates.
Silver prices also rise
- Silver (per tola):
↑ Rs 374 to Rs 8,948 (from Rs 8,574) - Silver (10 grams):
↑ Rs 321 to Rs 7,671 (from Rs 7,350)
International market trend
Globally:
- Gold: ↑ $71 to $5,108 (from $5,037)
- Silver: ↑ $3.74 to $84.64 (from $80.90)
Brian Lan, Managing Director of GoldSilver Central, noted that while precious metals are consolidating with slight pressure from a strengthening U.S. dollar, prices have remained relatively stable even during reduced Chinese market participation due to Lunar New Year holidays.
Markets in mainland China and Taiwan were closed, yet gold held firm — signaling continued strong buying interest at lower levels.
Long-term outlook remains bullish
Despite short-term fluctuations, analysts remain optimistic about gold’s long-term trajectory. Key drivers include:
- Global economic uncertainty
- Inflation concerns
- Currency depreciation risks
- Geopolitical tensions
- Strong safe-haven demand
With limited supply and enduring intrinsic value, gold continues to serve as a hedge against financial instability. Both institutional and retail investors are maintaining exposure, reinforcing its traditional status as a store of wealth and security.
