Gold prices in Pakistan witnessed a noticeable decline today, bringing slight relief to buyers and investors keeping a close eye on the bullion market. According to the latest market update on February 18, 2026, gold rates dropped following changes in international market trends and currency fluctuations.
Jewellers and traders in major cities like Karachi, Lahore, and Islamabad reported similar pricing patterns, although small variations may still exist depending on local Sarafa markets.
Today Gold Rate in Pakistan (24K and 22K)
Below are the latest gold prices recorded in Pakistan bullion markets:
| Gold Type | Per Tola Price | Per 10 Grams | Per Gram |
| 24 Karat Gold | Rs. 516,062 | Rs. 442,439 | Rs. 44,904 |
| 22 Karat Gold | Rs. 480,239 | Rs. 405,583 | Rs. 41,162 |
These prices are based on bullion market trends and may slightly differ depending on jewellery making charges and city-wise market demand.
Why Gold Prices Decreased Today
Experts link today’s decline to three main factors:
- Correction in global commodity markets
- Slight strengthening of the Pakistani Rupee against the dollar
- Reduced short term investor demand internationally
Whenever international gold drops, Pakistan’s gold market reacts almost immediately due to import dependency.
International Gold Market Impact on Pakistan
The global gold price is currently trading between approximately $4,933 and $5,010 per ounce. International bullion market performance plays a major role in determining local gold prices because Pakistan imports most of its gold.
Currency exchange rates also influence gold pricing. When the Pakistani rupee gains slight strength against the US dollar, gold rates often decrease in local markets.
City-Wise Gold Rate Variation
Although gold prices are mostly uniform across Pakistan, minor differences can occur in different cities. These differences usually depend on:
- Local market demand and supply
- Transportation and business costs
- Jewellery making charges
- Sarafa market trading activity
Major bullion markets like Karachi generally set the pricing trend, which is then followed by other cities including Lahore and Islamabad.
Should You Buy Gold After Price Drop?
Market analysts suggest that temporary price drops often create buying opportunities for investors and jewellery buyers. However, gold prices remain sensitive to international economic trends, currency fluctuations, and geopolitical developments.
Experts advise buyers to monitor global gold trends and local currency stability before making large investments.
Gold Price Trend in Recent Days
In recent weeks, gold prices in Pakistan have shown frequent fluctuations. The market witnessed sharp increases earlier due to international demand and currency pressure. However, the latest decline shows the market remains highly sensitive to global economic changes.
Jewellers expect prices to remain unstable in the coming weeks depending on global bullion market movements and investor demand.
Factors That Influence Gold Prices in Pakistan
Several key elements affect daily gold rate changes, including:
- International bullion market performance
- US dollar exchange rate
- Local jewellery demand
- Import costs and taxation policies
- Seasonal wedding demand in Pakistan
These factors collectively determine daily gold pricing across the country.
Final Words
The latest drop in gold prices on February 18, 2026, has provided temporary relief for buyers and investors in Pakistan. With gold trading at Rs. 516,062 per tola for 24K, the market remains active and closely linked with global price trends.
Experts recommend keeping track of international gold movements and currency exchange rates before making investment decisions, as bullion prices can change rapidly.