Gold Rate in Pakistan Today — What You Need to Know
Gold prices in Pakistan are determined daily by the Karachi Sarafa Association (Bullion Market), which serves as the benchmark for all cities including Lahore, Islamabad, Rawalpindi, Peshawar, Quetta, and Multan. Local dealers may charge a small premium of Rs. 200-500 over the Sarafa rate.
Why Do Gold Prices Change Daily in Pakistan?
- International gold market: COMEX and LBMA spot prices directly drive Pakistani gold rates
- USD/PKR exchange rate: A weaker rupee means higher gold prices in Pakistan
- Local demand and supply: Wedding seasons, Eid, and Ramadan drive domestic demand
- Geopolitical events: Global uncertainty drives investors to gold as a safe haven
Gold Karat Guide — Which Purity to Buy?
- 24 Karat (99.9% pure): Best for investment. Too soft for jewellery.
- 22 Karat (91.6%): Most popular for jewellery in Pakistan. Durable with high purity.
- 21 Karat (87.5%): Common in Gulf countries. Increasingly used in Pakistani markets.
- 18 Karat (75%): Used for studded and designer jewellery. Most durable.
Frequently Asked Questions
Is the gold price the same across all cities in Pakistan?
Yes, mostly. The Karachi Sarafa Association sets the benchmark rate daily, followed by dealers in Lahore, Islamabad, Peshawar, and other cities. Minor variations of Rs. 200-500 per tola may exist due to local dealer premiums.
How many grams is one tola of gold?
One tola equals 11.664 grams. This is the traditional South Asian unit used in Pakistan's gold market.
What is the Zakat nisab based on gold in 2025?
The gold-based nisab is 7.5 tolas of 24K gold. At today's rate of Rs. 452,000 per tola, the nisab is approximately Rs. 33,90,000. Anyone holding zakatable wealth above this amount for one lunar year must pay Zakat at 2.5%.
Is there tax on buying gold in Pakistan?
Yes. Withholding tax applies on gold purchases above certain amounts under current FBR rules. Gold jewellery also carries making charges of 5-15% of gold value, which are not refundable when selling.