These are the rates we deal at in F-7 Markaz, Islamabad. Gold in Pakistan is quoted per tola of 11.664 grams, and the same national 24K rate applies in Islamabad, Rawalpindi, Lahore and Karachi.
Rates are entered manually by our counter staff and are not a live market feed. Please confirm on WhatsApp before travelling to the shop.
Most Pakistani buyers think in tola; bar buyers often think in grams; international prices are quoted per troy ounce. All three come from the same number, so the table converts today's rate rather than quoting a separate one.
| Unit | Selling rate | Buying rate |
|---|---|---|
| 1 gram | — | — |
| 10 grams | — | — |
| 1 masha (0.972 g) | — | — |
| 1 tola (11.664 g) | Rs. 452,000 | Rs. 450,000 |
| 1 troy ounce (31.1035 g) | — | — |
| 10 tola | — | — |
Conversions use the standard Pakistani tola of 11.664 grams and the troy ounce of 31.1034768 grams. Purity below 24K is valued proportionally — 22K is 22/24 of the 24K rate before any deduction for stones or impurities.
Bullion trades at 24K, but most jewellery in Pakistan is 21K or 22K, and those rates are what people ask for at a jewellery counter. They are not separate market rates — they follow the 24K rate by purity.
| Purity | Per tola | Per 10 grams | Per gram |
|---|---|---|---|
| 24K — bullion standard | Rs. 452,000 | — | — |
| 22K — made to order | — | — | — |
| 21K — stocked and sold | — | — | — |
These follow the 24K rate by purity — 22K is 22/24 of it and 21K is 21/24 — and move with it automatically. Making charges on finished jewellery are quoted separately per piece and are not included above.
We stock 21K jewellery and make 22K to order, and we buy old gold in both. See jewellery for how making charges work, or selling old gold for what we pay.
Karat is a measure of how much of an alloy is gold, out of 24 parts. 24K is effectively pure; 22K is 22 parts gold in 24, so 91.7%; 21K is 21 in 24, so 87.5%. The metal value follows that fraction exactly, which is why every karat rate on this page can be worked out from one number.
Raw gold sits outside this scale in everyday trade. Rawa, also called Pathoor, is 99.3% and carries its own rate rather than being derived from the 24K figure — a separate product, not a karat variation.
Weights are quoted in tola across Pakistan. If the units are unfamiliar, the tola, masha and ratti page explains them and how they convert to grams.
Two things, mainly. The first is the international gold price in US dollars per ounce, which moves with interest rates, inflation expectations and demand for gold as a safe asset. The second is the rupee–dollar exchange rate: if the international price stands still and the rupee weakens, the tola rate in Pakistan still rises. That is why the local rate can climb on a day when global gold barely moves.
Local supply matters at the margin too. Around Eid, wedding season and the end of the financial year, demand for physical metal in Islamabad and Rawalpindi rises and premiums on small bars can tighten.
We follow the national association rate and adjust for what physical metal is actually costing us that morning. When it moves, we update this page and note the time. We do not describe our rates as live, because they are not a machine feed — they are the price a person at our counter will deal at, which is the number that actually matters to you.
Planning a purchase? Use the gold calculator to value a specific weight and purity, or see gold bar prices where the packing charge is already included. Working out zakat on gold? The Nisab thresholds are weight-based and the rate above is what values them.
Send us a message and we will confirm today's rate, availability and the final figure before you travel.
One tola is 11.664 grams, so the per gram rate is the tola rate divided by 11.664. The table above does this for you and updates whenever we change the tola rate.
The gap between the two is the dealer's spread — it covers testing, handling, packaging and the risk of holding stock. Every bullion counter in Pakistan works this way; ours is shown openly so you can see both sides before you deal.
No. 22K is 22/24 of the 24K rate by purity, so it is about 91.7% of the 24K figure. Jewellery is usually 21K or 22K and is also subject to making charges when you buy and to deductions for stones when you sell.
