Today, the price of one tola of 24-karat gold in Pakistan is Rs. 222400. Karachi is the leading hub of the gold market in Pakistan, and other cities follow the Karachi Sarafa Bazar Association’s gold rates. The gold rates for different cities including Karachi, Lahore, Islamabad, Peshawar, and Quetta are the same.
As of the closing of trading, the price of 10 grams of 24k gold is Rs. 190680, while 10 grams of 22k gold is being traded for Rs. 174789. A single tola of 22-karat gold is being sold at Rs. 203865.
According to the Saraf Jewelers Association, the current gold price in Pakistan for 24k per tola is Rs. 222400 as of May 4, 2023. The gold rates for 24k, 22k, 21k, and 18k per tola, per 10 grams, per gram, and per ounce are mentioned in the following table:
Gold Rate 24K Gold 22K Gold 21K Gold 18K Gold Per Tola Gold Rs. 222400 Rs. 203865 Rs. 194600 Rs. 166800 Per 10 Gram Rs. 190680 Rs. 174789 Rs. 166845 Rs. 143010 Per Gram Gold Rs. 19068 Rs. 17479 Rs. 16685 Rs. 14301 Per Ounce Rs. 540570 Rs. 495519 Rs. 472999 Rs. 405428
The gold rates are determined by the London Bullion Market and, at times, by the IMF as they have sole authority. Gold is considered the most valuable metal and is widely used in Pakistan for various purposes, including gold jewelry. It’s important to note that the gold price in Pakistan fluctuates according to the international market, and thus, the price is never fixed.
