The international gold price, converted to Pakistani Rupees at the live USD/PKR rate — a common hedge against inflation and Rupee depreciation.
PKR per Gram (computed)
₨36
PKR per Tola (computed)
₨418
USD / PKR Used
278.84
Gold (USD/oz) — 10-Year Historical Trend
Source: Yahoo Finance, COMEX gold futures (GC=F), monthly closes.
Gold is priced internationally in US Dollars per troy ounce. The PKR-per-gram and PKR-per-tola figures above are computed directly from that international price and the live USD/PKR exchange rate — they are not a quote from Pakistan's local Sarafa Bazaar (jewelers' market), which adds its own premiums, duties, and making charges on top of the raw metal value.
Pakistan traditionally trades gold in tola (a unit equal to 11.6638 grams) alongside the metric gram and ounce, especially for jewelry and savings purposes.
Because gold is Dollar-priced, a Pakistani holder's PKR-denominated gold value moves for two separate reasons: the international Dollar gold price itself, and the USD/PKR exchange rate — a depreciating Rupee mechanically raises the PKR value of gold even if the Dollar price is flat.
Gold is one of the most common inflation and currency hedges held by Pakistani households, alongside US Dollars and real estate — its PKR value has historically risen during periods of sharp Rupee depreciation.
Because gold has no yield (unlike a bank deposit or government security), its attractiveness as an investment depends partly on how high domestic interest rates are — when Treasury Bill yields are very high, the opportunity cost of holding non-yielding gold rises.
What is the gold price in Pakistan today?
The international gold spot price is currently $4,172.90 per troy ounce, which converts to approximately ₨36 per gram or ₨418 per tola at the live USD/PKR rate. This is a computed conversion of the international price, not a local Sarafa Bazaar retail quote, which typically includes additional premiums.
Why does the local gold price in Pakistani markets differ from this figure?
Local jewelers (Sarafa Bazaar) add making charges, import duties, and dealer premiums on top of the raw international gold value, and rates can vary slightly by city. This page shows the underlying international price converted at the live exchange rate, which is the baseline that local prices are built on top of.
Why do Pakistanis buy gold as an investment?
Gold is widely held as a hedge against both inflation and Rupee depreciation — since it's priced in Dollars, its Rupee value tends to rise when the Rupee weakens, even if the Dollar price doesn't move.
How many grams are in a tola?
One tola equals 11.6638 grams. It's the traditional unit used for gold trading and jewelry pricing across Pakistan, India, and the broader South Asian region.
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