Gold Price in Pakistan Today
Gold prices in Pakistan are currently showing major volatility as markets react to global geopolitical tensions and changes in the exchange rate. On 4 March 2026, gold prices have corrected slightly after recent sharp rises, giving both buyers and investors a highly watched moment to reconsider strategies. Local rates are based on updates from the All-Pakistan Gems and Jewellers Sarafa Association, and reflect influences from global markets and the USD/PKR exchange rate. Information in this article comes from official sources and top verified news outlets.
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| Gold Purity | Price per Gram | Price per 10 Grams | Price per Tola |
| 24 Karat | Rs. ~48,342 | Rs. ~483,421 | Rs. ~563,862 |
| 22 Karat | Rs. ~44,314 | Rs. ~443,136 | Rs. ~517,007 |
| 21 Karat | Rs. ~42,070 | Rs. ~420,700* | Rs. ~493,000* |
| 20 Karat | Rs. ~40,286* | Rs. ~402,860* | Rs. ~470,006* |
| 18 Karat | Rs. ~36,060 | Rs. ~360,600 | Rs. ~423,005* |
| Silver (10 Tola) | ~Rs. 100,500* | — | — |
| Gold Ounce (24K) | — | — | ~Rs. 1,495,312 |
| Market Data Source | Local Sarafa & FXStreet | — | — |
Gold Price in Pakistan Today – City Wise
Gold rates can vary slightly between cities due to local demand, taxes, and small premiums. Benchmarks are based on the combined rates from the APSGJA and major national rate trackers:
• Karachi: Rs. 563,862 per tola
• Lahore: Around Rs. 564,000 per tola
• Islamabad/Rawalpindi: ~Rs. 563,800 per tola
• Peshawar: ~Rs. 564,200 per tola
• Quetta: ~Rs. 564,000 per tola
These figures show how demand in different regions can lead to small price differences.
Why Are Gold Prices Fluctuating in March 2026?
Gold markets remain extremely sensitive due to several key global and local factors:
1. Global Geopolitical Tension – Safe Haven Demand
Even though gold prices have corrected slightly on 3 March, the recent surge to record levels was driven by sharp geopolitical tensions involving the US, Israel, and Iran. Investors typically buy gold as a safe haven during instability, pushing prices higher.
2. USD/PKR Exchange Rate Impact
Since Pakistan imports gold in US dollars, depreciation of the PKR vs. USD makes gold costlier in local currency. Even slight changes in exchange rates can affect the local gold price almost instantly.
3. Profit Taking After Surges
After prices reached record highs (above Rs. 563,000 per tola recently), many investors began selling portions of their holdings to lock in gains. This profit taking leads to downward adjustments like the slight drop seen today.
4. International Market Movements
Global spot gold prices also fluctuated due to stronger USD and changing interest rate expectations, influencing local markets in Pakistan.
Investment Advice: Should You Buy Gold Today?
Gold remains one of the most popular investment assets in Pakistan, but timing and purpose matter:
• Long-term Investors: Gold is often a hedge against inflation and currency risk. Many analysts predict continued long-term demand, although volatile month-to-month.
• Jewelry Buyers: If you are purchasing for weddings or gifts, the slight dip from recent high prices could offer a buying opportunity. However, prices may continue to fluctuate.
• Short-term Traders: High volatility means risk is elevated; consider expert advice before trading.
• Silver as an Alternative: Many small investors turn to silver, which trades at around Rs. 10,050 per tola, making it a cheaper precious metal alternative with its own investment case.
How Gold Price Is Calculated in Pakistan
Gold rates are generally determined by:
• International Spot Price (USD/oz).
• Local USD to PKR Exchange Rate.
• Regional Premiums and Market Demand.
Local gold dealers apply these factors to set domestic rates. Always cross-check with the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) or verified market trackers before buying or selling.
Helpline & Official Information Sources
For the most reliable and updated gold rate information, refer to these official and trusted platforms:
• Official All-Pakistan Sarafa Jewelers Association Data – industry benchmark for local pricing.
• FXStreet Gold Price Tool – reflects real-time international and local gold rate correlation.
• State Bank of Pakistan Exchange Data – for USD/PKR exchange trends impacting gold pricing.
Always verify gold prices with certified jewelers and reputable financial news sources.
Conclusion
On 3 March 2026, gold prices in Pakistan show some stabilization after recent record highs. While gold remains expensive, the slight correction may offer potential opportunities for certain buyers and investors. Prices for 24K and 22K gold, as well as silver, continue to reflect broader global market forces including geopolitical tensions, currency movements, and investor behavior. Before making any purchase or investment, consult updated rates and reliable market sources.
FAQs
What is the gold price in Pakistan today?
As of 3 March 2026, 24K gold is around Rs. 563,862 per tola with variation by city.
How much is 1 gram of 24K gold?
The approximate price today is about Rs. 48,300 per gram.
Why do gold prices rise when there is geopolitical tension?
Investors buy gold as a safe haven during uncertainty, driving demand and raising prices.
Is it a good time to buy gold now?
Volatility remains high; buyers should consider long-term goals and market trends before purchasing.