Gold price in Karachi today
The current gold rate in Karachi, in PKR, with the local market context behind it. Updated 29 April 2026.
Gold rate in Karachi today
Per gram, in PKR. Updated 19 May 2026.
International reference: $4,491.65 / oz
| Purity | Per gram | Per 10 grams |
|---|---|---|
| 24K (999) | Rs 40,227 | Rs 402,270 |
| 22K (916) | Rs 36,848 | Rs 368,479 |
| 21K (875) | Rs 35,199 | Rs 351,986 |
| 18K (750) | Rs 30,170 | Rs 301,703 |
Indicative rates derived from the international spot price. Retail prices may differ by a small dealer margin and any local making charge or tax.
How the Karachi gold market works
Karachi is Pakistan's commercial capital and its largest gold market, anchored by the Sarafa Bazaar in Saddar and the wholesale traders around Zaibunnisa Street. The All Pakistan Gem & Jewellers Sahulat Association (APGJSA) publishes a daily rate per tola (11.664 grams) and per 10 grams that almost every retailer in the city quotes against. Pakistani buyers pay close attention to the rupee's exchange rate against the dollar, because gold here serves as both an ornament and an inflation hedge — when the rupee weakens, local gold prices rise even when the international price is flat. There is no VAT on physical gold in Pakistan, but jewellery carries a making charge of around 8 to 12 percent. Purity is usually quoted as 22-karat for jewellery and 24-karat for bars; reputable refiners include Pakistan Mint and a handful of local assayers whose stamps are recognised across Sindh and Punjab.
Other ways to save in gold
Physical bars and coins from a refiner are the most direct form of gold ownership. Beyond that, gold ETFs offer paper exposure without storage, and a newer category of allocated digital gold apps — Stacks is one of them — let you save in fractional grams backed by audited vault holdings, with the option to redeem or send the gold to someone else. Each form trades convenience against the cost of custody; none replaces a basic understanding of how the local market sets price.
Gold prices in other cities
Save in gold from Karachi
Stacks is opening access soon — buy fractional, allocated gold and send it across borders. Join the waitlist for early access.