How gold is priced in Pakistan
Gold rates in Pakistan are quoted for 24 karat per tola by sarafa (bullion) associations, which follow the international price in US dollars and the rupee exchange rate. Jewellery is usually made in 22K or 21K. To find the value of any piece you need three things: today's 24K rate, the weight and the purity.
Price = (24K rate per gram × karat ÷ 24) × weight in grams, plus making charges.
The default rate in the calculator is Rs 432,336 per tola (24K), updated 9 November 2026. Replace it with today's rate from your local sarafa market.
Weight units
- 1 tola = 11.6638 grams
- 1 tola = 12 masha = 96 ratti
- 1 masha ≈ 0.972 grams; 1 ratti ≈ 0.1215 grams
- 10 grams ≈ 0.857 tola
Price by purity (example)
| Karat | Purity | Per tola | Per 10 grams | Per gram |
|---|---|---|---|---|
| 24K | 100.0% | Rs 432,336 | Rs 370,665 | Rs 37,066 |
| 22K | 91.7% | Rs 396,308 | Rs 339,776 | Rs 33,978 |
| 21K | 87.5% | Rs 378,294 | Rs 324,332 | Rs 32,433 |
| 18K | 75.0% | Rs 324,252 | Rs 277,999 | Rs 27,800 |
Making charges and buy-back
Jewellers add making charges (mazdoori) for crafting: often a percentage of the gold value or a fixed amount per tola, and higher for intricate designs. When you sell, most jewellers deduct a margin and may not pay for the making charges or stones. Ask for a written slip that shows the weight, karat and rate, and test purity at an independent laboratory for large purchases.
Gold and Zakat
Gold jewellery and bars count towards your zakatable wealth. Use the current gold value from this calculator in the Zakat calculator. The gold Nisab is 7.5 tola (87.48 g); the silver Nisab, which many scholars recommend for mixed assets, is 52.5 tola (612.36 g).
Gold as savings
Many Pakistani families save in gold because it has protected value against rupee depreciation over long periods. It pays no profit and has buying and selling costs, so compare it with options like National Savings for income needs.
Frequently asked questions
How many grams are in one tola?
11.6638 grams.
How do I calculate the price of 22K gold?
Multiply the 24K rate by 22 ÷ 24 (91.67%). If 24K is Rs 400,000 per tola, 22K is about Rs 366,667 per tola.
What is the difference between 22K and 21K gold?
22K is 91.7% pure gold and 21K is 87.5% pure; 21K is slightly cheaper and harder.
How much is one masha of gold?
One masha is 1/12 of a tola, about 0.972 grams.
Do jewellers pay making charges when buying back?
Usually not. Buy-back is based on gold weight and purity, often with a deduction.