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Gold Prices Drop Sharply in Pakistan Amid Global Market Pressure

Gold Prices Drop Sharply in Pakistan Amid Global Market Pressure

Karachi, February 17, 2026 โ€“ Gold prices in Pakistan recorded a notable decline on Tuesday, following a downward trend in the international bullion market. Data released by the All Pakistan Sarafa Gems and Jewellers Association confirmed a sharp fall across local markets.

The price of 24-karat gold per tola dropped by Rs9,000 to settle at Rs514,762. Similarly, the price of 10 grams of 24-karat gold decreased by Rs7,716 to Rs441,325. Silver also showed weakness, with its rate falling by Rs150 to Rs8,014 per tola.

Analysts said the decline in Gold prices reflects changes in global investor sentiment. Internationally, gold fell by $90 to trade around $4,920 per ounce. The drop was influenced by recent economic data from major economies.

In the United States, inflation figures came in lower than expected. The Consumer Price Index rose by 0.2 percent in January. Economists had forecast a 0.3 percent increase. At the same time, the U.S. economy added 130,000 jobs, exceeding market expectations. This data reduced fears of aggressive interest rate moves, affecting demand for safe-haven assets.

Independent metals traders noted that both gold and silver saw a relief rally earlier in the year. However, the latest figures triggered profit-taking in global markets. This trend filtered into local pricing, leading to the current adjustment in Gold prices.

Meanwhile, China continued to show strong demand ahead of the Lunar New Year. In contrast, Indian markets moved into a discount zone as buyers waited for further price corrections. Market experts said bargain buying could push prices higher in the coming weeks.

Despite the current decline, long-term sentiment toward gold remains positive. Analysts believe gold will stay relevant due to global economic uncertainty. They highlighted goldโ€™s role as a hedge against inflation and currency weakness.

Gold also benefits from limited supply and strong global demand. These factors make it a preferred asset during times of financial stress. Investors often turn to gold during geopolitical tensions and unstable market conditions.

In other news read more about Gold Prices Rise Sharply in Pakistan Amid Global Market Rally

Experts advised buyers to monitor market trends before making decisions. While Gold prices are currently lower, global developments could quickly change the outlook. For now, the market remains sensitive to economic data and investor confidence worldwide.

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