Gold Rate in Karachi Today
Gold rate in Karachi today is Rs 424,200 per tola for 24K, Rs. 388,850 for 22K, Rs. 371,175 for 21K and Rs. 318,150 for 18K gold, updated hourly.
Whether you are in Lahore, Karachi, Islamabad, or anywhere else in Pakistan, get the most accurate updates right here.
Gold price in Karachi is down Rs 300 today at Rs 424,200 per tola (24K), - 0.07% from yesterday's close.
Today's Rates Breakdown
| Purity (Carat) | Per Tola | Per 10 Grams | Per 1 Gram |
|---|---|---|---|
| 24K (Pure Gold) | Rs 424,200 | Rs 363,689 | Rs 36,369 |
| 22K (Jewelry) | Rs 388,850 | Rs 333,382 | Rs 33,338 |
| 21K (Standard) | Rs 371,175 | Rs 318,228 | Rs 31,823 |
| 18K (Ornaments) | Rs 318,150 | Rs 272,767 | Rs 27,277 |
Understanding Karachi's Gold Market
Karachi isn't just another city on the gold map — it's where Pakistan's gold rate is actually set. The daily benchmark announced by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) originates in Karachi's bullion market and is then adopted by jewellers nationwide. So when you check the live gold rate in Karachi today — Rs 424,200 per tola for 24K and Rs 388,850 per tola for 22K — you're looking at the figure that effectively prices gold for the whole country.
Because Karachi is the source of the benchmark and the main entry point for imported gold through its port, it generally offers the most competitive rates in Pakistan. Other cities adopt the Karachi rate and add a small local premium — usually Rs 100–500 per tola — for transport and demand, which means Karachi is typically the cheapest place in the country to buy at the raw metal price.
Where gold is traded in Karachi
- Sarafa Bazar (Kharadar) — located in the Kharadar area near Jodia Bazar in central Karachi, this is the largest gold wholesale market in Pakistan and the floor where the benchmark effectively forms.
- Tariq Road — the city's best-known retail jewellery destination, packed with showrooms for bridal sets and everyday pieces.
- Saddar and Clifton — additional shopping areas mixing traditional shops and modern showrooms across different price points.
Rates across these areas track the same daily benchmark; what varies between shops is the making charge (kapaat) and the dealer's small buy-sell spread — not the underlying metal price.
What moves the Karachi rate
Three forces drive the daily number: the international gold spot price (USD per troy ounce on the global market), the USD-to-PKR exchange rate, and local wholesale supply and demand in Sarafa Bazar — with trading activity on the Pakistan Mercantile Exchange (PMEX) also feeding in. Because Pakistan imports most of its gold, rupee depreciation alone can lift the Karachi rate even when international gold holds flat, which is why tracking the live figure beats relying on last week's price.
Frequently Asked Questions (Karachi)
What is the gold rate in Karachi today?
The gold rate in Karachi today is Rs 424,200 per tola for 24K gold and Rs 388,850 per tola for 22K. Per gram, 24K is Rs 36,369. Rates update hourly during Pakistan business hours.
Does Karachi have the lowest gold rate in Pakistan?
Usually, yes. Karachi sets the national benchmark and is the main gold import point, so other cities adopt the Karachi rate and add a small premium of around Rs 100–500 per tola for transport and demand. That typically makes Karachi the most competitive city to buy at the raw metal price.
Why does Karachi set the gold rate for all of Pakistan?
Karachi is home to Pakistan's largest wholesale bullion market and is where APGJSA announces the daily benchmark. As the country's financial hub and main port of entry for imported gold, its rate naturally becomes the reference that markets nationwide follow.
Where is Sarafa Bazar in Karachi?
Sarafa Bazar is in the Kharadar area near Jodia Bazar in central Karachi. It is the largest gold wholesale market in the country. For retail jewellery, Tariq Road is the most popular destination.
What is the 22K gold rate in Karachi today?
22K gold rate in Karachi today is Rs 388,850 per tola and Rs 33,338 per gram. 22K (91.6% pure) is the standard for fine jewellery, which is why it's the rate most buyers ask for.
What is the best place to buy gold in Karachi?
For competitive wholesale rates and selection, Sarafa Bazar (Kharadar) is the traditional choice; for retail jewellery and showrooms, Tariq Road is the most popular. The metal price is the same everywhere — compare making charges (kapaat) and insist on a hallmark stamp and a proper receipt.
Why does the gold price in Karachi change every day?
It tracks the international gold spot price and the USD–PKR exchange rate, both of which move daily, plus local wholesale demand. The rate can shift more than once in a single trading day when international prices move sharply.
What is 1 Tola gold price in Karachi today?
1 Tola gold price in Karachi today is Rs 424,200 for 24K gold, Rs 388,850 per tola for 22K gold, Rs 371,175 per tola for 21K gold and Rs 318,150 per tola for 18K gold.
