Skip to content 
Gold prices in Pakistan continued to show strong momentum on February 28, 2026, closing February with record high rates across the local sarafa bazaars. Driven by global market shifts, exchange rate pressure on the Pakistani Rupee (PKR), and sustained local demand, gold remains one of the most watched investment assets in the country.
Current Gold Rates in Pakistan
The following gold prices are based on live market data from the All Pakistan Gems and Jewellers Association (APGJA) and reflect common trading levels in major sarafa bazaars.
| Gold Purity | Rate Per Tola (PKR) | Rate Per 10 Grams (PKR) |
|---|---|---|
| 24K Gold | Rs. 540,562 | Rs. 463,444 |
| 22K Gold | Rs. 496,285 | Rs. 425,375 |
| 21K Gold | Rs. 473,000 | Rs. 405,513 |
| 18K Gold | Rs. 405,420 | Rs. 347,583 |
Note: Rates are approximate and can vary slightly between sarafa markets and jewellers.
Gold Market Trend – February 2026
February 2026 proved to be a bullish month for gold investors and buyers in Pakistan:
- At the start of February, 24K gold was trading near Rs. 512,900 per tola.
- By the end of the month, it surpassed Rs. 540,000 per tola in major cities.
Drivers Behind Rising Gold Prices
- Global Price Surge: International gold benchmark rates jumped significantly amid inflationary pressure worldwide.
- PKR Devaluation: The weakening of the Pakistani Rupee against the US Dollar has increased the landed cost of imported gold.
- Safe-Haven Demand: Geopolitical uncertainties have pushed investors toward gold as a risk-averse asset.
- Local Seasonal Demand: Pakistan’s traditional wedding and festive season added strong local demand for jewelry.
Gold Rates in Major Pakistani Cities (Today)
While base rates are fairly consistent across Pakistan, small variations occur due to transportation costs, storage, and local demand:
| City | 24K Gold Rate (Per Tola) |
|---|---|
| Karachi | Rs. 540,562 |
| Lahore | Rs. 541,262 |
| Islamabad | Rs. 541,000 |
| Peshawar | Rs. 540,800 |
| Quetta | Rs. 541,100 |
Silver Rate Today – February 28, 2026
Silver prices also climbed alongside gold:
- Silver Per Tola: Rs. 9,474
- Silver Per 10 Grams: Rs. 8,122
Silver continues to be a cost-effective investment option compared to gold, especially for short-term buyers.
Expert Gold Buying Tips (For Investors & Buyers)
Whether you are buying gold for investment or personal use, follow these professional recommendations:
1. Check Live Gold Rates Before Buying
Gold prices change multiple times a day. Always confirm the real-time sarafa bazaar rate just before any transaction.
2. Prefer Hallmarked Gold
Ensure the gold is properly hallmarked (e.g., 999 for 24K) to avoid purity disputes during resale.
3. Negotiate Making Charges
Jewelry making/labor charges are negotiable and can significantly impact your final bill — especially for bridal pieces.
4. Insist on a Detailed Receipt
The receipt should clearly show:
- Gold weight
- Karat/purity
- Current market rate
- Making charges (if any)
Frequently Asked Questions (FAQs)
Will gold prices continue to rise in 2026?
Experts believe that if global inflation pressures persist and the PKR continues to weaken, gold could approach Rs. 600,000 per tola by the end of 2026.
What’s the real difference between 24K and 22K gold?
24K gold: 99.9% pure — ideal for investment (bars, biscuits).
22K gold: 91.6% pure — mixed with alloys for greater durability (popular for jewelry).
Is now a good time to buy gold?
Gold is traditionally a long-term inflation hedge. If your investment horizon is 1–3 years or more, purchasing at current levels is generally considered a wise option — especially during market dips.