Gold Rate in Pakistan Today 18 February 2026 | Per Tola & Per Gram
Gold price in Pakistan remained a key topic for investors and buyers today as fresh rates were released by the local Sarafa markets. On Wednesday, 18 February 2026, gold prices showed stability after recent fluctuations seen during the past two weeks.
According to the latest market update, the 24 Karat gold rate per tola in Pakistan stands at Rs. 506,500, while prices for 10 grams and per gram are also available for buyers planning jewelry purchases or investment.
Gold continues to play an important role in Pakistan’s economy and household savings. Many families invest in gold not only for weddings and cultural purposes but also as a safe financial asset.
In this article, we provide a complete update including per tola, per gram rates, city-wise prices, recent trends, and factors affecting gold prices in Pakistan.
Latest Gold Price in Pakistan Today
As per Sarafa market rates issued on 18 February 2026, the prices are:
24 Karat Gold Rates
- 1 Tola: Rs. 506,500
- 10 Grams: Rs. 434,250
- 1 Gram: Rs. 43,425
- 1 Ounce: Rs. 1,231,080
These prices are based on market supply, global bullion prices, and currency exchange movements.
Gold Price by Purity in Pakistan
Gold jewelry and investment gold are available in different purities. Here are today’s rates per tola:
| Purity | Price per Tola |
|---|---|
| 24K Gold | Rs. 506,500 |
| 22K Gold | Rs. 464,288 |
| 21K Gold | Rs. 443,188 |
| 18K Gold | Rs. 379,875 |
| 12K Gold | Rs. 253,250 |
Most jewelry in Pakistan is sold in 22K or 21K purity, while investors prefer 24K gold bars and biscuits.
City-Wise Gold Rates in Pakistan
Gold prices may slightly vary among cities due to transportation costs and local market conditions. Today’s rates recorded in major cities are:
Gold Rates in Major Cities
- Karachi: Rs. 506,500 per tola
- Lahore: Rs. 506,550 per tola
- Islamabad: Rs. 506,600 per tola
- Peshawar: Rs. 506,650 per tola
- Quetta: Rs. 506,700 per tola
Karachi remains the primary trading hub where most price trends originate, and other cities follow accordingly.
Gold Market Trend During Last 15 Days
Gold prices have shown ups and downs over the past two weeks. Market data shows that prices reached above Rs. 520,000 per tola earlier in February but later declined.
Recent Gold Closing Rates (24K per Tola)
- 17 Feb: Rs. 506,500
- 16 Feb: Rs. 516,000
- 15 Feb: Rs. 519,000
- 14 Feb: Rs. 519,000
- 13 Feb: Rs. 514,000
- 12 Feb: Rs. 522,000
- 11 Feb: Rs. 522,500
- 10 Feb: Rs. 521,500
- 09 Feb: Rs. 523,500
- 08 Feb: Rs. 518,500
This shows that prices have cooled compared to the earlier peak seen this month, giving buyers a better opportunity to purchase.
Why Gold Prices Change in Pakistan?
Gold prices do not remain fixed. Several factors cause daily changes:
1. International Gold Market
Gold prices in Pakistan are heavily influenced by global bullion markets. Any change in international gold rates quickly affects local prices.
2. Dollar Exchange Rate
Pakistan imports gold, so the value of the Pakistani Rupee against the US Dollar plays a major role. A weaker rupee usually pushes gold prices higher.
3. Local Demand
Wedding seasons, festivals, and investment demand increase buying activity, pushing prices upward.
4. Global Economic Conditions
Political tensions, inflation fears, and economic uncertainty increase gold demand worldwide as investors move towards safe assets.
Is It a Good Time to Buy Gold?
Experts believe price decisions depend on buyer purpose.
For Jewelry Buyers
If gold is needed for weddings or events, short-term price changes may not matter much.
For Investors
Some analysts believe prices may stabilize or rise later in the year depending on global economic conditions.
Since prices recently declined from earlier highs, some investors consider current rates reasonable for gradual buying.
Difference Between Gold Investment and Jewelry Purchase
Many people think buying jewelry equals investing in gold, but there is a difference.
Jewelry Purchase
Jewelry includes making charges and design costs, which are not recovered during resale.
Investment Gold
Gold bars or coins carry minimal making charges and are better for investment.
People planning gold purely as savings should prefer coins or bars instead of heavy jewelry.
Gold Purity Guide for Buyers
Understanding purity is important before purchasing:
- 24K Gold – 99.99% pure, mostly for investment.
- 22K Gold – 91.6% pure, common for jewelry.
- 21K Gold – Slightly stronger jewelry option.
- 18K Gold – Used for durable designer jewelry.
Buyers should always check purity certification and receipts.
Silver Prices in Pakistan Today
Along with gold, silver is also popular for investment and ornaments.
Today’s silver rates are approximately:
- Silver Bidding Price: Rs. 8,008
- Silver Asking Price: Rs. 8,028
Silver demand also increases during wedding seasons and industrial usage.
How Sarafa Markets Set Gold Prices?
Each city’s Sarafa Association sets prices based on:
- International gold rate
- Dollar exchange value
- Market supply and demand
- Import costs
Rates can change multiple times in a single day depending on global price movement.
Tips Before Buying Gold
Before purchasing gold, buyers should keep these points in mind:
- Always buy from a trusted jeweler.
- Ask for purity certification.
- Compare market prices before purchase.
- Keep purchase receipts safe.
- Avoid heavy making charges if buying for investment.
These small steps help avoid future losses.
Short Market Summary – 18 February 2026
- Gold price stable today after recent drop.
- Current rate: Rs. 506,500 per tola.
- Prices remain below recent highs.
- Buyers showing cautious interest.
- Investors monitoring international market trends.
Expected Gold Price Trend Ahead
Market analysts believe gold may show moderate movement in coming weeks depending on:
- Dollar rate fluctuations
- International inflation data
- Global economic news
- Investment demand
Sudden increases or drops cannot be ruled out, so investors should monitor market updates regularly.
Conclusion – Gold Rate in Pakistan Today 18 February 2026
The gold rate in Pakistan today, 18 February 2026, stands at Rs. 506,500 per tola for 24K gold, offering some relief after higher rates earlier this month. Prices remain sensitive to international markets and currency changes.
For families planning jewelry purchases and investors looking to diversify savings, keeping track of daily price updates remains important. Gold continues to be a preferred and trusted asset in Pakistan due to its long-term value and cultural importance.
As market conditions change frequently, buyers are advised to stay updated with daily Sarafa market rates before making purchase decisions.
