Gold Prices Hit Record High in Pakistan: Rs 533,562 Per Tola. -

Gold prices in Pakistan surged to historic levels as of Monday, February 23, 2026, following a massive weekend rally in the international bullion market. Local prices hit a record peak after a single-day jump of Rs 7,100 per tola.

Domestic Gold and Silver Rates

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the prices settled as follows:

24K Gold (Per Tola): Increased to Rs 533,562. (Some local markets reported slightly higher intraday trading up to Rs 534,562 on Monday).
24K Gold (10 Grams): Rose by Rs 6,087, reaching Rs 457,443.
22K Gold (Per Tola): Priced at approximately Rs 482,714.
Silver (Per Tola): Witnessed a sharp increase of Rs 374, reaching Rs 8,948. (Silver reached as high as Rs 9,094 by Monday afternoon).

Global Market Drivers

The domestic spike is a direct response to a “bullish trend” in the international market, where gold surged past the $5,100 per ounce milestone.

International Peak: Spot gold gained $71, climbing to $5,108 per ounce by the weekend. By Monday, February 23, rates continued to test new highs near $5,160 per ounce.
Safe-Haven Demand: Analysts attribute the rally to global economic uncertainty and escalating geopolitical tensions, particularly between the U.S. and Iran, which has driven investors toward safe-haven assets.
US Economic Factors: Weaker-than-expected US economic growth data and shifting interest-rate expectations have also contributed to the high volatility.

Disclaimer: This post is for informational and market awareness purposes based on reports from the All-Pakistan Gems and Jewellers Sarafa Association. Gold and silver rates are highly volatile and may vary by city and individual dealer. Please note that the background image is used for illustrative reference only.