Gold Rate in Pakistan Today

Daily Gold Market Update

Gold prices are unchanged today. As of 18 August, 2026, 24 karat gold is at Rs. 453,695 per tola, and 22 karat gold is around Rs. 415,887 per tola, based on the Local Sarafa Market.

Live Gold Price in Pakistan Today – 18 August, 2026

Tracking the current gold price in Pakistan feels like a full-time job. By looking at the latest numbers from the Pakistan Sarafa Association. The price is currently sitting around: 

24k Per Tola = 453,695

22k Per Tola = 415,887

21k Per Tola = 396,983

18k Per Tola = 340,271

Best Time to Check Gold Rates in Pakistan

The market is feeling the heat from the high dollar value and the international spot price, which is hovering near $4,682 per ounce. It is observed that even a small change in the global market causes a massive ripple in deciding the gold rate today Pakistan. 

If you’re looking to buy, watch the opening rates around 11:30 AM; that’s usually when the real trend for the day reveals itself.

Gold Price Performance in Pakistan

Over the past few trading sessions, 24K gold has stayed close to Rs. 428,600 per tola, with only small day-to-day moves of a few hundred rupees rather than a sharp swing in either direction. On August 2, the rate ticked up by just Rs. 100 from the previous close of Rs. 428,500, a sign that the market is holding steady for now.

This stability traces back to the international market. Spot gold has been trading near $4,043 per ounce, with the US Dollar to Rupee rate sitting around Rs. 277.68. Since Pakistan imports nearly all of its gold, these two numbers do most of the work in setting the local price. When either one moves, the Sarafa Bazar rate moves with it within hours, not days.

Local Demand and Sarafa Market Conditions

Local demand plays a real role in what you pay at the counter, even though the base rate comes from Karachi. The Karachi Sarafa Bazar sets the daily benchmark because most of the country’s gold enters through the city’s port. Lahore, Islamabad, and other cities follow that number closely, with only small gaps caused by transport costs and local buying pressure.

Demand tends to rise around wedding season and Eid, when families buy jewellery for gifts and dowries. During these stretches, dealers in busy markets sometimes charge a small premium above the official benchmark simply because more buyers are competing for the same stock.

Tolas, Grams, and Karats: How to Calculate the Value

Every buyer once gets confused by “tola” vs “10 grams.”. In Pakistan, investors and buyers trust on Tola system. One Tola is exactly 11.66 grams.

Whenever you check the gold rate in Pakistan, always look at the purity first.

• 24K is the “pure” stuff (99.9%), usually found in biscuits or bars.
• 22K is what your wedding sets are made of.
• 18K is usually for diamond rings because it’s harder and holds stones better.

The easiest way to not get cheated is to take the 10-gram price, divide it by 10, and multiply by 11.66. It sounds technical, but once you do it yourself, you’ll feel much more confident standing in a jewelry shop.

Jewellery Making Charges & Wastage Explained: How to Calculate Them

The rate you see on this page covers the raw gold only. Two separate charges get added when you buy actual jewellery: making charges and wastage.

Making Charges

Making charges, sometimes called ujrat or mazdoori, pay for the goldsmith’s labour and design work. These vary a lot depending on what you’re buying. Simple, machine-made chains usually carry the lowest charge, around 5% to 10%. Rings and earrings tend to run higher, closer to 10% to 18%.

Wastage

Wastage covers the small amount of gold lost while filing, polishing, and shaping the metal. Jewellers add this as a separate percentage on top of the making charge.

Buyer Checklist Before Visiting Saraf Market

A few simple steps can save you real money before you hand over cash at the Sarafa Bazar.

Check today’s official rate first. Knowing the benchmark price for 24K and 22K gold before you walk in gives you a fair starting point for any conversation with a dealer.

Visit more than one shop. Pricing advice from gold market guides commonly suggests checking at least three dealers before committing, since making charges are not fixed by any authority and can vary shop to shop.

Ask for the making charge as its own line item, separate from the metal cost. This makes it easy to compare offers between dealers and spot anyone padding the bill.

Look for the hallmark stamp. Genuine 24K gold in Pakistan carries a 999 hallmark, while 22K carries 916, under the PSQCA certification system. This confirms the purity matches what you’re paying for.

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