Gold remains one of Pakistan’s most trusted stores of value. People buy gold for jewellery, weddings, gifts, or as a hedge against inflation. As a result, the updates on daily rates for various gold purities (karats) are closely watched. The approximate gold rates taken from local market sources as of today, 24 September 2025, are as follows:
Current Rates
• 24K (pure gold / 99.9%)
• ~ PKR 402,700 per tola (~~ PKR 345,260 per 10 g)
• ~ PKR 34,087.8 per gram
• 18K (75 % purity)
• ~ PKR 302,025 per tola
• ~ PKR 25,565.9 PER GRAM
• Another source quotes ~ PKR 25,570 per gram for 18K.
• 14K (58.3 % purity)
• ~ PKR 234,918 per tola
• ~ PKR 201,409 per 10 g
• ~PKR 20,141 per gram
These rates are indicative and may vary slightly among different cities and jewellers. Local “Sarafa” or jewellers’ associations, such as those in Karachi, often publish benchmark rates that others tend to follow.
Why Do Rates Vary by Karat?
Purity is the central factor.
• 24K is essentially pure gold. Its purity is almost 99.9 %.
• Lower karats (like 18K and 14K) are alloys. Metals like copper, silver, and nickel are mixed with alloys. It is done to strengthen the piece, change colour, or lower the cost. Thus, a 14K piece has less pure gold content therefore its price is lower than 24K.
Alloy metals also have costs, as a result, the difference in price is not strictly linear with purity. Premiums, labour, and design charges change the retail rate added by jewellers.
What Drives Daily Gold Price Fluctuations in Pakistan?
1. International gold price / spot rate – The global price of gold is measured in USD or ounce. This movement makes its contribution into the markets.
2. Exchange rate of PKR vs USD – When there is a gradual weakening of the rupee, imported gold becomes costlier.
3. Domestic demand / festivals / weddings – Demand surges in wedding seasons or festive times, pushing prices upward.
4. Import duties, taxes, local policies – The changes in import cost. Duty. Or regulatory changes can affect landed cost.
5. Speculation and sentiment – Investors view gold as a “safe haven”; in times of uncertainty (inflation, currency volatility), demand may rise.