Gold Rate Today in Islamabad
The table below shows the gold rate in Islamabad and Rawalpindi per tola, per 10 grams and per gram for 24K, 22K and 21K at international parity. Jewellers in the twin cities follow the national sarafa rate from Karachi, which may carry a premium or discount, plus their making charges.
Live gold rate in Islamabad (PKR)
| Weight & purity | Live price |
|---|---|
| 24K gold · 1 tola | live |
| 24K gold · 10 grams | live |
| 24K gold · 1 gram | live |
| 22K gold · 1 tola | live |
| 22K gold · 1 gram | live |
| 21K gold · 1 tola | live |
| 21K gold · 1 gram | live |
International parity from XAUUSD × USD/PKR. Twin-city jewellers quote the national sarafa rate, which can differ; making charges are extra. How we calculate
How the twin cities price gold
Islamabad and Rawalpindi share one gold market in practice. Shops in both cities adopt the daily rate announced by the sarafa trade in Karachi, and that rate tracks the world price in dollars converted into rupees. The parity figures above are what the rate would be with no local premium. If the announced rate is noticeably higher, the market is charging a premium, which often happens when the rupee is weak or imports are tight.
Where to buy in Islamabad and Rawalpindi
Rawalpindi's Sarafa Bazaar, in the old city near Raja Bazaar, is the traditional wholesale and retail market for the region, with goldsmiths, bar dealers and buyers of old gold side by side, and it usually has the widest choice of plain gold by weight. Islamabad's jewellers are spread across the sector markets and malls, with a stronger presence of branded showrooms selling designer and diamond pieces. Many Islamabad residents compare a design in the capital and then price the same weight in Rawalpindi before deciding.
- Government and overseas families: the capital's large population of civil servants and families with relatives working abroad keeps steady demand for bars and simple 22K pieces as savings.
- Northern buyers: customers from Khyber Pakhtunkhwa, Azad Kashmir and Gilgit-Baltistan often shop in Rawalpindi, especially before weddings.
Tola, 10 grams or gram: converting quotes
Shops quote per tola, bar sellers per 10 grams, and branded stores sometimes per gram, which makes quotes hard to compare. Using an illustrative 24K rate of PKR 439,500 per tola:
| Quote basis | Calculation | PKR |
|---|---|---|
| Per tola (11.6638 g) | given | 439,500.00 |
| Per 10 grams | 439,500 × 10 ÷ 11.6638 | 376,806.75 |
| Per gram | 439,500 ÷ 11.6638 | 37,680.67 |
| A 2.5 tola bangle set in grams | 2.5 × 11.6638 | 29.16 g |
Before comparing two shops, convert both quotes to the same unit and the same karat. The gold unit converter does this automatically, and the karat purity calculator converts between 24K and 21K values.
Bars or jewellery in the twin cities
Bar dealers in Rawalpindi sell 24K biscuits in 1, 5 and 10 tola weights and in 10 g and 100 g sizes, usually at a small margin over the day's rate and with no making charge. Families saving for a wedding often buy bars over time and later have them made into jewellery, paying only the making charge then. Jewellery bought ready-made carries the making charge up front and a deduction when sold back.
Taxes and documentation
Sales tax treatment of jewellery in Pakistan has changed in several budgets and depends on the type of retailer, so ask whether tax is included in the quoted price and request a printed invoice showing weight, karat, rate and making charge. Large cash purchases may require identification. For gold carried into or out of the country, customs limits apply; check the current rules with Pakistan Customs before travelling.
Tips
- Compare the national rate with the parity line above to judge the premium.
- Convert all quotes to the same unit before comparing shops.
- In Sarafa Bazaar, ask for making charges separately from the gold value.
- For bars, prefer known refiners and keep the packaging and receipt.