How is gold priced in Pakistan?

Gold prices in Pakistan are derived from the international spot price (USD per troy ounce) converted at the SBP USD/PKR interbank rate, then adjusted for local market premiums and jeweller margins. PMEX provides the official benchmark.

What is 1 tola of gold in grams?

1 tola = 11.6638 grams. This is the traditional South Asian unit still widely used in Pakistan for gold jewellery and investment. 10 tolas = approximately 116.64 grams.

Is gold a good investment in Pakistan right now?

Gold historically performs well in Pakistan during periods of high inflation and PKR depreciation. As a hedge against currency risk, it has delivered strong PKR-denominated returns. However, gold is illiquid compared to savings certificates, which currently offer 15-18% annual returns. Diversification across gold, National Savings, and other instruments is generally recommended.

Gold Rate in Pakistan Today — 24K Tola & Gram Price 2026

Q: What is the gold rate in Pakistan today?

Check the live widget above for today's 24K gold rate per tola and per gram in PKR. Prices are sourced from PMEX (Pakistan Mercantile Exchange) and updated daily.

Gold Rate in Pakistan Today

The gold price in Pakistan is benchmarked by the Pakistan Mercantile Exchange (PMEX) and derived from the international spot price in US dollars per troy ounce, converted to PKR at the SBP interbank exchange rate. Local jewellery shops (sarafa bazaar) may charge a premium of 1–3% above the PMEX rate to cover fabrication and dealer margins.

Pakistan measures gold in tolas — the traditional South Asian unit where 1 tola = 11.6638 grams. Investment gold and imported bars are often quoted per 10 tolas (116.64 grams) or per gram for smaller quantities.

What Drives Gold Prices in Pakistan?

Gold prices in PKR are affected by two distinct factors:

International gold price (USD/oz): Global supply-demand, US Federal Reserve interest rate decisions, geopolitical uncertainty, and dollar strength. When the Fed cuts rates, gold typically rises globally.
PKR/USD exchange rate: Even if international gold prices are flat, a weakening rupee makes gold more expensive in PKR. This is why gold in Pakistan often rises faster than global prices during currency depreciation cycles.

Use the Inflation Calculator to understand how gold has compared to PKR inflation as a store of value.

24K vs 22K vs 18K Gold — Price Differences

The purity of gold is measured in karats (K). In Pakistan, most investment gold is 24K (99.9% pure), while jewellery is typically 22K or 18K:

24K gold: 99.9% pure — used for bars, coins, and investment. Highest price per gram.
22K gold: 91.7% pure — standard for most Pakistani bridal jewellery (22 ÷ 24 × 24K price).
18K gold: 75% pure — used for international-style fine jewellery (18 ÷ 24 × 24K price).

Calculate your gold's zakat value using the Zakat Calculator, which applies the current nisab threshold automatically.

Is Now a Good Time to Buy Gold in Pakistan?

Gold has delivered strong returns in PKR terms over the past decade, largely because of rupee depreciation rather than gold price appreciation alone. As a hedge against currency risk and inflation, gold remains popular with Pakistani savers.

However, gold is less liquid than National Savings instruments (Behbood, RIC, DSC), which currently offer returns in the 15–18% range. A common approach for Pakistani investors is to hold 10–20% of savings in physical gold or gold funds while keeping the majority in higher-yielding instruments. Use the National Savings Calculator to compare returns.

Frequently Asked Questions

What is the gold rate in Pakistan today?

Check the live widget at the top of this page for today's 24K gold price per tola and per gram, sourced from PMEX.

What is 1 tola of gold worth in grams?

1 tola = 11.6638 grams. This traditional South Asian unit is the standard measure for gold in Pakistan. To convert: multiply the per-tola price by (grams ÷ 11.6638).

Why is gold more expensive in Pakistan than the international price suggests?

Pakistan's gold price in PKR = (international USD/oz price ÷ 31.1 × 11.6638) × USD/PKR rate + local premium. The "extra cost" is mostly the PKR/USD exchange rate and local jeweller margin, not an anomaly.

How do I calculate zakat on gold?

Zakat is due on gold holdings above the nisab threshold (approximately 87.48 grams of 24K gold) at a rate of 2.5% of total gold value. Use the Zakat Calculator to calculate your exact obligation based on today's gold rate.