Gold prices in Pakistan rose again on Monday, February 23, 2026, showing gains in local bullion markets. Traders reported that both gold per tola and per 10 grams increased, reflecting strong demand and broader market trends.
The rise comes as investors continue to view gold as a safe‑haven asset, particularly amid ongoing global economic and geopolitical uncertainties.
Latest Gold Rates in Pakistan
According to the All Pakistan Sarafa Gems and Jewelers Association, the local gold price for 24‑karat gold on February 23 was:
- Per Tola: Rs536,562 (up about Rs3,000)
- Per 10 Grams: Rs460,015 (up about Rs2,572)
- International Spot Price: $5,138 per ounce (up roughly $30)
Analysts said the increase reflects a combination of local demand and global market strength.
Why Prices Are Rising
Gold prices in Pakistan often follow movements in the international bullion market. Today’s gains mirror higher global spot prices and stronger safe‑haven demand.
Traders and investors tend to buy gold when global markets face uncertainty. As a result, Pakistan’s local gold rates often rise following increases abroad. The current trend shows this dynamic at work, with prices climbing steadily.
Impact on Buyers and Investors
Rising gold prices affect both buyers and investors across the country. Many families buy gold for weddings and festivals, and higher rates mean they now pay more. In addition, investors who hold gold as a hedge against inflation may see gains in value.
Some traders expect rates to stay firm if global demand remains strong. However, rates can still fluctuate based on international trends and currency movements.
How Markets Respond
Bullion dealers in major cities such as Karachi and Lahore reported lively trading activity on Monday. Some said customers rushed to buy gold ahead of further expected increases. Meanwhile, investors closely monitor global indices and currency rates, which influence local prices.
What Happens Next?
Gold prices may continue to rise if global and domestic factors favour safe‑haven assets. Analysts advise close monitoring of international markets, the US dollar value, and geopolitical developments, as these often affect bullion rates.
Buyers planning purchases may consider timing based on trend forecasts. Similarly, investors watching gold as a long‑term asset remain alert to broader economic signals.
Conclusion
Gold prices in Pakistan climbed on February 23, 2026, with local bullion markets showing stronger rates per tola and per 10 grams. The trend reflects rising global demand for precious metals and persistent interest from traders and consumers.
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