Gold Rate Today Karachi

Today Gold Rate in Karachi – Updated Gold Price in Karachi, Pakistan

Gold rate in Karachi moves almost every day. It follows the world gold market and the dollar to rupee rate. As per the Karachi Sarafa Market on 17 Oct, 2026, the 1 tola gold price in Karachi for 24 karat is Rs. 434,000. Today gold rate in Karachi for 22 carat is Rs. 397,828 per tola.

How Is the Gold Rate in Karachi Set?

Karachi sets the base gold price for the whole of Pakistan. This happens at Sarafa Bazar in Kharadar, near Jodia Bazar. It is the country's largest gold trading market.

1. Dealers here track the international gold price in US dollars per ounce.
2. They combine this with the dollar to rupee exchange rate.
3. The result is converted into the local per tola price.

The Karachi Sarafa Association announces this rate daily. Cities like Lahore and Islamabad usually follow the same figure, with small local differences.

What Does Gold Really Cost in Karachi? Ratti, Masha & Kaat Explained

Jewellers in Karachi still use old weight units alongside grams. One tola equals 12 masha, and one masha equals 8 ratti. In grams, one tola is 11.664 grams. One masha is about 0.972 grams. One ratti is about 0.1215 grams. Small items like rings or studs are mostly use masha or ratti for prices.

Kaat, or karat, tells you how pure the gold is. 24 karat gold is 99.9% pure. 22 karat gold is 91.6% pure. 21 karat gold is 87.5% pure. 18 karat gold is 75% pure. Karachi gold rates by carats always follow this purity scale. A higher karat number means a higher price per tola.

Why Does the Gold Price in Karachi Fluctuate

The major influence is the international gold price in U.S. dollars. The next is exchange rate of USD to PKR. Gold prices in Karachi are likely to increase if the Pakistani rupee loses value. Local demand also matters. Prices often rise during wedding season, from November to March. Import cost and global market news can move the rate too. This is why the gold rate in Karachi can shift more than once in a single day.

Why the Gold Price in Karachi Matters

Karachi is not just another city for gold trading. It is Pakistan's biggest gold market and the country's main entry point for gold. Because of this, Karachi Sarafa Bazar sets the base rate for the whole country. When the price moves in Karachi, it usually moves everywhere else the same day. Cities like Lahore and Rawalpindi track the Karachi rate before setting their own. This is why the Karachi gold rate is checked by jewellers and buyers across Pakistan, not just within the city.

How to Verify Gold Purity in 24K Bars and Jewelry

If purchasing, look for a hallmark stamp. Look for 999 for 24K, 916 for 22K, 875 for 21K, or 750 for 18K. The Pakistan Standards and Quality Control Authority (PSQCA) has made hallmarking mandatory for gold jewellery since 2021 for more than 2 grams. Request the jeweller to get the reading on a karat meter or XRF machine to get an accurate reading. Always ask for a receipt, showing weight, karat and rate. An extra layer of security is offered by a Sarafa registered jeweller.

Gold Cutting Charges: Why Do Jewellers Deduct Them?

Cutting charges, also called making or wastage charges, cover the labour used to shape gold into jewellery. Gold bars and coins carry little to no cutting charge. Plain chains or bangles often carry 2% to 8%. Detailed bridal sets can reach 10% to 15%. These charges are not returned when you resell the piece later. You only get paid for the gold weight and purity at that time. Always ask for making charges to be written separately from the gold rate on your bill.

Famous Gold Markets in Karachi

There are several reputable places to purchase gold in Karachi, each boasting distinct features.

1. Sarafa Bazar (Kharadar / Mithadar): This is the city's gold trade's starting point, It is the biggest wholesale gold market in Pakistan, located in the old city of Karachi, close to Jodia Bazar. This is where the official rate of Karachi is published daily. Here, you can find the most genuine 24K bars, gold biscuits, and wedding sets with the least making charges you'll discover in the city.
2. Saddar Road and Tariq Road: These are the prominent shopping lanes of Karachi to buy every day and wedding jewellery. There are mounds of developed jewellers who are positioned side by side, which makes it simple to compare designs and rates.
3. Hyderi Market (North Nazimabad): A quieter and more reliable place for people to purchase on the northern side of the city. It has a combination of old and new jewellery and is not as crowded with the older bazaars.

At any jeweller, enquire them to write the rate of gold and the making of it in which you are buying.

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