Gold Prices Drop Sharply After 5-Day Pause – Latest Rates Announced
On Friday, February 13, 2026, gold prices in Pakistan saw a notable correction after a five-day rally pushed rates to record levels. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the local bullion market experienced a steep fall, offering some relief to buyers and investors.
📊 Latest Gold Rates – Pakistan (Feb 13, 2026)
| Purity | Price per Tola | Price per 10 Grams |
|---|---|---|
| 24-Karat | Rs. 518,600 | Rs. 444,600 |
| 22-Karat | Rs. 475,380 | Rs. 407,547 |
📌 Yesterday’s Peak (Feb 12): 24-karat gold hit Rs. 528,562 per tola before today’s decline.
📉 Why Did Gold Prices Drop?
1. Global Pullback
International bullion markets pared gains as gold prices eased by roughly $10–$20 per ounce, trading around $4,980–$5,100/oz. When global rates retreat, local markets often follow.
2. Profit-Taking Locally
After five consecutive days of rising prices, traders and investors booked profits. This increased selling pressure in the local bullion market, pushing prices downward.
🪙 Silver Price Update
Silver also edged lower in line with gold:
| Item | Price per Tola | Price per 10 Grams |
|---|---|---|
| Silver (24-Karat) | Rs. 7,980 | Rs. 6,849 |
📈 Looking Ahead: Future Gold Rates in Pakistan
Even with today’s decline, gold prices remain at elevated historical levels in 2026. Several factors will influence near-term direction:
- USD/PKR Movements: A weaker Pakistani Rupee often pushes local gold prices higher.
- Global Market Trends: US Federal Reserve policy and geopolitical tensions can drive safe-haven demand.
- Local Demand & Festive Season: Cultural demand (weddings, festivals) affects buying patterns.
Analysts suggest continued volatility, with possible short-term pullbacks and strong upward spikes depending on international cues.
📅 Gold Rate in Pakistan – Date-Wise Context
Here’s how the recent trend unfolded:
- Feb 8–12: A consistent rise due to global cues and increased local demand.
- Feb 13: Sharp correction, nearly Rs. 10,000 in a single session.
- Short-Term Outlook: Prices may remain choppy as markets digest global signals.
🔎 Market Perspective
- Buyers: Today’s dip could be a more favorable entry point if you’re planning to purchase gold.
- Investors: For those holding bullion, keep an eye on global cues and the USD/PKR rate.
- Traders: Profit-taking phases can repeat; risk management is key.
📍 Gold Rate in Pakistan & Local Cities
Gold price quotes can vary slightly by city due to freight and local supply factors. For example, prices in smaller markets like Bhakkar may differ by a few hundred rupees from Karachi or Lahore.
🧠 Quick Takeaways
- 📉 24-karat gold dropped by nearly Rs. 10,000 per tola on Feb 13, 2026.
- 🪙 Silver prices also declined.
- 💵 Global price retreat and profit-taking were key drivers.
- 📊 Prices remain historically high; volatility likely ahead.
