Gold prices change almost every day, but most people still ask the same question: who decides the gold rate in Pakistan and how is it calculated? Whether you are buying jewellery, saving money, or planning an investment, understanding this process can save you real money.
This guide explains how gold prices are set, who controls them, and how ordinary Pakistanis benefit by knowing the system—in clear, easy language.
Who Decides the Gold Price in Pakistan
Gold prices in Pakistan are not fixed by one person or shop. They are determined through a chain of linked factors, starting from the international market and ending at local sarafa bazaars.
The main reference point is:
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International gold price (per ounce in USD)
Local prices are then adjusted according to Pakistan’s economic conditions.
Step-by-Step: How Gold Price Is Calculated
1. International Gold Market
Gold is traded globally in US dollars. When the global price rises or falls, Pakistan feels the impact immediately.
2. Dollar to Rupee Exchange Rate
Since gold is imported, the USD to PKR rate plays a major role.
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Strong dollar = expensive gold
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Stable rupee = controlled gold price
3. Import & Market Costs
These include:
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Import expenses
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Market handling
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Dealer margins
4. Sarafa Bazaars Decide Daily Rate
Major markets like Karachi, Lahore, and Multan set the daily trend. Other cities usually follow the same rate with minor differences.
Why Gold Price Is Same Across Pakistan (Mostly)
Once the sarafa associations announce the rate:
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Jewellers across Pakistan follow it
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Small differences may exist due to making charges
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Pure gold (24K) rate remains almost identical nationwide
This ensures fair pricing for buyers.
Today Gold Rate in Pakistan (Updated)
As of Thu, Jan 16, 2026 – 15:49 PST, gold prices in Pakistan remain aligned with trends set by the Karachi Sarafa Market, the country’s main hub for gold trading. Rates change daily based on international gold prices, exchange rates, and local demand, and jewelers across Pakistan follow Karachi’s benchmark closely.
Latest 24 Karat Gold Prices
| Gold Purity | Weight | Price (PKR) |
|---|---|---|
| 24 Karat | 1 Tola | Rs. 477,100 |
| 24 Karat | 10 Gram | Rs. 409,040 |
| 24 Karat | 1 Gram | Rs. 40,904 |
Gold prices are updated dynamically to reflect real-time market movements, helping buyers and investors make informed decisions in Pakistan’s gold market.
How Much Money Can People Gain or Save
Understanding gold pricing helps people avoid losses and buy smartly.
Real Financial Benefits
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Buying at the right time can save Rs. 5,000–15,000 per tola
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Long-term holders protect wealth against inflation
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Families use gold as emergency financial security
Example:
If gold drops Rs. 10,000 per tola and you buy 2 tolas, you save Rs. 20,000 instantly.
Why Gold Is Still Popular in Pakistan
Gold remains a trusted asset because:
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It holds value during inflation
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It can be sold anywhere, anytime
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No bank account is required
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Accepted across generations
For many households, gold is a backup savings system.
Important Tips Before Buying Gold
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Always ask for 24K or 22K purity confirmation
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Check the daily sarafa rate
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Ask separately for making charges
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Avoid panic buying on rumors
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Keep purchase receipts safe
Smart buyers always confirm rates before entering the shop.
Quick Summary
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🌍 Global market starts the price
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💱 Dollar rate adjusts it locally
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🏪 Sarafa bazaar announces daily rate
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💰 Buyers can save or gain thousands
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🛡️ Gold protects long-term savings
FAQs
Is gold price fixed by the government?
No. Prices follow international markets, not government orders.
Why does gold increase even when demand is low?
Because global prices and dollar rate matter more than local demand.
Is gold a safe investment in Pakistan?
Yes. It is considered a stable store of value, especially long term.
Do all cities have the same gold rate?
Yes, mostly. Minor differences come from shop charges, not gold value.
Can gold price fall suddenly?
Yes. Global market changes can cause quick drops or jumps.
Final Insight
Knowing how gold price is set in Pakistan gives you power as a buyer. It helps you choose the right time, avoid overpaying, and protect your money.
Gold doesn’t just shine—it rewards those who understand it.
