Gold Price in Pakistan Today: 24K Per Tola Rate

Gold price in Pakistan today is more than a number you glance at before buying bangles. It’s a daily signal of what’s happening in the economy how the rupee is behaving, what global markets are pricing, and how local demand is shaping retail quotes. In Pakistan, gold is both emotional (weddings, gifts, family savings) and financial (a store of value when uncertainty rises). That’s why 24K per tola gets searched every day often multiple times a day.

As of Saturday, 7 February 2026, widely referenced market trackers and local bullion reporting show 24K gold at Rs507,762 per tola, with 10 grams at Rs435,324. 
This is the benchmark many jewelers use as the starting point, then adjust for making charges, inventory conditions, and their own spread.

Today’s 24K Gold Rate Snapshot (Pakistan)

Here’s the quick, practical view most buyers need first:

• 24K gold price (1 tola): Rs507,762
• 24K gold price (10 grams): Rs435,324

Important reality: You can still see slight differences across cities and dealers. Business Recorder notes that “a change of a few hundred rupees may be observed,” which is basically the market’s way of saying: benchmarks are shared, but retail quotes can vary. 

What “Per Tola” Means (And Why It Matters in Pakistan)

Pakistan’s retail gold trade still speaks the language of tola especially for jewelry and traditional buying. If you’re comparing prices across platforms or negotiating with a jeweler, understanding this conversion prevents expensive confusion.

1 tola = 11.66381 grams.

Fast conversions you’ll actually use

• Per gram (from tola rate): Rs507,762 ÷ 11.66381 ≈ Rs43,533 per gram (approx.) 
• Per tola (from gram rate): gram price × 11.66381 

Even if you never do the math yourself, knowing the conversion helps you spot outliers. If a quote looks too high, you can quickly check whether it’s a bullion rate or a jewelry rate that already includes extra charges.

24K Gold Explained: Purity, Feel, and Real World Use

24K (24 carat) is the benchmark for “pure gold” pricing. It’s the reference point used for bullion and for most “today rate” headlines. In real life, though, pure gold behaves differently:

• Softer metal: 24K bends and scratches more easily than lower carats.
• Best for bullion: coins and bars are typically closer to 24K purity.
• Not always ideal for daily wear jewelry: many jewelers prefer 22K or 21K for strength and durability.

So when you see the 24K per tola rate, treat it as the base price of pure gold. Jewelry pricing becomes a layered calculation on top of it.

Who Sets the Gold Rate in Pakistan?

People often ask, “Is there an official rate?” In practice, Pakistan’s published benchmark rates come from the organized jewelry/bullion trade structure.

Business Recorder clearly states that gold and silver prices are fixed by the respective Sarafa associations in their city.
That’s why you’ll hear phrases like “sarafa rate,” “bullion rate,” or “association rate.” Media outlets and finance portals commonly reference these rates for daily updates.

Also, since Pakistan is a net importer of gold, local pricing tends to move with the dollar and global gold markets.

Why Gold Prices Change Every Day (Sometimes Every Hour)

Gold isn’t priced like a normal consumer product. It’s priced like a global financial asset. In Pakistan, daily movement usually comes from a mix of these drivers:

(1) The US dollar vs Pakistani rupee (USD/PKR)

When the rupee weakens, imported commodities become more expensive in rupee terms. Gold is one of the fastest places where that shows up.

Business Recorder notes that gold rates in Pakistan closely follow the US dollar and international prices, partly because Pakistan imports the metal. 

(2) International gold price (per ounce)

Global gold is typically quoted per ounce internationally. Even when local demand is steady, a global move can pull Pakistan’s rate up or down.

Business Recorder’s daily update includes the international reference point (for that session), showing the global move and how it reflects locally. 

(3) Investor behavior and safe haven demand

When markets feel uncertain economic stress, geopolitical tension, or sudden policy shocks gold often attracts safety buying.

Business Recorder explicitly mentions that when the rupee is under pressure, investors often take refuge in gold as a safe haven metal. 

(4) Local demand cycles (weddings + gifting)

Pakistan’s wedding and festive buying cycles can widen retail spreads. The benchmark might not change dramatically, but the price you get from a shop can drift higher when demand is intense.

(5) Supply tightness and dealer premiums

If supply is tight or the market is volatile, dealers sometimes widen the spread between buy and sell prices. This is why two nearby shops can quote different rates on the same day.

A Simple Way to Sanity Check a Gold Quote

You don’t need to be a trader to spot a “too good to be true” or too expensive quote. Use this logic:

1. Start with the 24K benchmark per tola (today: Rs507,762). 
2. If you’re buying jewelry below 24K (like 22K), the gold value portion should be lower than the 24K equivalent for the same weight.
3. Add the “extras” only if they are clearly stated:
   • making charges (labor)
   • stones/setting costs (if any)
   • retailer margin/spread

If a jeweler won’t show the breakup, you’re negotiating blind.

10 Grams vs 1 Tola: Which Rate Should You Follow?

Both units are common in Pakistan’s gold reporting:

• Tola is the language of jewelry buying.
• 10 grams is a clean metric reference and often used in finance coverage.

Today’s benchmark shows both clearly: Rs507,762 per tola and Rs435,324 per 10 grams. 

If you’re buying small coins or bars, grams are convenient. If you’re buying traditional sets, tola is how most jewelers will talk.

City Wise Differences: Karachi, Lahore, Islamabad Why Quotes Can Vary

Many readers expect one price nationwide. In reality, Pakistan’s retail market behaves more like a network of connected hubs:

• Karachi often reflects trading activity quickly due to its large market size.
• Lahore and Islamabad/Rawalpindi may show small timing or premium differences.
• Smaller cities can have slightly higher spreads due to inventory and competition levels.

Business Recorder notes that their listed rates cover major cities, but small variations can be observed. 
So if your local shop quotes a few hundred rupees higher or lower than a headline rate, that’s not automatically a scam. The “problem” starts when the difference becomes large and unexplained.

Gold Jewelry Pricing in Pakistan: The Part Most People Misunderstand

Here’s the truth: Most overpaying happens in making charges, not in the benchmark rate.

When you buy jewelry, you pay for:

1. Gold value (based on purity + net weight)
2. Making charges (labor/design craftsmanship)
3. Stone value and setting cost (if stones exist)
4. Retailer margin and spread

Making charges: the hidden multiplier

A bridal set can look fairly priced until you realize making charges are eating a major portion of the total. Ask for making charges in writing either per gram or total.

Net weight vs gross weight

If stones are involved, you need to know:

• the total jewelry weight (gross),
• the gold only weight (net),
• how stones are priced and whether they’re refundable on resale.

This one detail decides whether your jewelry holds value well or loses more than expected when you sell.

Buying Gold for Investment vs Buying for Life Events

Pakistan buys gold for two different reasons, and mixing them up leads to regret.

If your goal is investment (wealth protection)

You want:

• high purity
• low premium
• easy resale
• clear verification

Coins and bars usually serve this purpose better than heavily designed jewelry because they carry lower making charges.

If your goal is weddings or gifting

You’re paying for design, craftsmanship, and cultural value. That’s valid just treat it like purchasing a premium product. Compare designs, negotiate charges, and choose a trusted jeweler.

How to Check Purity and Avoid Counterfeit Risks

Most buyers rely on trust and tradition, but a few simple habits give you protection without turning you into a detective.

(1) Buy from established, reputable jewelers

The market has excellent jewelers and it has shortcuts. Reputation matters because buyback and honesty matter.

(2) Ask for documentation

You want a receipt that includes:

• purity (24K/22K and/or fineness)
• net gold weight
• making charges
• total payable
• date and shop stamp

(3) Understand K and what it implies

• 24K = benchmark purity pricing
• 22K = common for jewelry strength
• 18K = often used in modern designs with stones, more durable but lower gold content

(4) Avoid rushed buying decisions

A rushed purchase is how people accept unclear breakdowns or skip verification.

Selling Gold in Pakistan: What to Do Before You Walk In

Selling is where many people discover the difference between “gold value” and “jewelry price.”

A smart selling approach

1. Check today’s benchmark (24K per tola). 
2. Know the purity of what you’re selling (22K jewelry won’t sell at a 24K rate).
3. Get offers from at least two shops before you accept a deal.
4. Understand deductions:
   • making charges usually don’t come back,
   • stones are often valued differently (sometimes excluded).

If your jewelry was purchased with high making charges, resale will feel disappointing. That’s not always “unfair,” it’s often how the market works.

Gold vs Currency: Why Pakistan Keeps Returning to Gold

In many countries, gold buying is mostly investment driven. In Pakistan, it’s both investment and tradition. That gives gold a unique role:

• It’s liquid in many cities (easy to sell compared to many assets).
• It’s culturally accepted as a store of family value.
• It acts as a psychological “anchor” when people fear currency instability.

Business Recorder highlights the link between rupee pressure and investor refuge in gold, which captures this behavior well. 

Should You Buy Gold Today or Wait?

No honest expert can “guarantee” a better price tomorrow. What you can do is choose a strategy that reduces regret.

If you must buy for a fixed event (wedding, gift, travel)

You are not speculating. Your win is:

• paying a fair rate relative to the benchmark,
• controlling making charges,
• getting strong documentation.

If you’re investing

Stop trying to pick the perfect day. Instead:

• buy in parts (cost averaging),
• set a time horizon (months/years),
• avoid panic buying during spikes.

What to watch (without obsessing)

• USD/PKR direction
• international gold trend
• local premium/spread widening

Business Recorder also lists how international changes and local conditions influence daily rates, reinforcing why these signals matter. 

The Biggest Mistakes Buyers Make (And How to Avoid Them)

1. Comparing jewelry bills to bullion headlines
   Jewelry includes labor and margin. Bullion headlines do not.
2. Ignoring purity when comparing prices
   22K and 24K should not be priced the same per gram.
3. Not confirming net gold weight
   Especially critical when stones are involved.
4. Skipping written receipts
   Receipts help in buyback, resale, and disputes.
5. Buying emotionally without price breakup
   Love the design but still demand transparency.

Quick Takeaways

• 24K gold price per tola (today reference): Rs507,762
• 24K gold price per 10 grams: Rs435,324
• 1 tola = 11.66381 grams
• Rates follow the USD and international market, and sarafa associations fix city benchmarks.

Quick FAQ

Conclusion

Gold remains one of Pakistan’s most trusted value assets because it connects global pricing with local realities especially the rupee, import dynamics, and investor demand. Start with the 24K per tola benchmark (Rs507,762), convert properly (tola to grams), and judge any retail quote by separating gold value from making charges and spread.