Gold rate in Pakistan today — Tuesday, 22 September 2026, per Sarafa Association data. Rates update multiple times a day — always confirm a live rate before buying or selling.
Gold prices in Pakistan pulled back today after crossing Rs. 460,000 per tola just a day earlier, with 24K gold now trading at Rs. 451,500 — a sharp swing that continues a genuinely volatile stretch for the local bullion market.
Today’s Rates — All Karats
| Karat | Purity | Price per Tola |
|---|---|---|
| 24K | 99.9% | Rs. 451,500 |
| 22K | 91.6% | Rs. 413,872 |
| 21K | 87.5% | Rs. 395,063 |
| 18K | 75% | Rs. 338,625 |
Silver remains close to Rs. 6,800–7,100 per tola, depending on the source and time of the day’s update.
A Choppy Few Days
| Date | 24K Gold (per Tola) | Change |
|---|---|---|
| September 19 (Saturday) | Rs. 460,336 (approx.) | — |
| September 21 (Monday) | Rs. 460,236 | ▲ Rs. 7,736 |
| September 22 (Today) | Rs. 451,500 | ▼ ~Rs. 8,700 |
Monday’s jump past Rs. 460,000 was itself a notable move, and today’s pullback erases nearly all of that gain in a single session — a reminder of just how quickly Pakistan’s gold rate can swing in either direction right now.
Why Gold Keeps Swinging So Sharply
Pakistan’s local gold rate is set by converting the international USD-per-ounce price into rupees at the prevailing exchange rate, so any international movement shows up in the local tola rate almost immediately. Internationally, gold has been trading in the $4,350–4,380 per ounce range over the past several sessions — relatively contained in dollar terms, which means most of the sharper local swings are coming from same-day timing differences in when Sarafa Associations issue their rates, rather than dramatic moves in the underlying international price itself.
More broadly, gold remains caught between competing forces: expectations around US Federal Reserve policy and dollar strength on one side, and continued safe-haven demand tied to the ongoing Middle East conflict on the other — a tug-of-war that’s kept prices genuinely difficult to predict day to day.
City-Wise Rates
Gold prices stay broadly consistent across Pakistan’s major cities, with Karachi’s Sarafa Bazaar typically setting the benchmark that Lahore, Islamabad, Rawalpindi, and Peshawar follow closely — usually within a few hundred rupees. Any larger local variation you notice is typically a making-charge or dealer markup rather than a different underlying gold rate.
Final Thoughts
Today’s pullback to Rs. 451,500 per tola for 24K gold, following Monday’s jump past Rs. 460,000, underlines just how volatile Pakistan’s gold market has been this month. With international prices still reacting to Fed policy expectations and Middle East tensions, further sharp swings in either direction remain more likely than a settled, stable rate — so check a live quote immediately before any purchase or sale rather than relying on today’s figures once even a few hours have passed.
