Pakistan Gold Rate Today in PKR – Tola and Gram Prices Updated
Pakistan Gold Rate Today in PKR
The Pakistan gold rate today is published in Pakistani Rupees (PKR) per tola and per gram. Rates are officially announced by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA) on working days and cover all major karats — 24K, 22K, 21K, and 18K.
Why Gold is Measured in Tola in Pakistan
The tola is a traditional South Asian unit equal to exactly 11.664 grams. It dates back to the British colonial era in the Indian subcontinent and remains the primary unit for gold pricing in Pakistani, Indian, and Bangladeshi retail markets. International markets quote gold in US Dollars per troy ounce (1 troy ounce = 31.1035 grams).
How the PKR Gold Rate is Calculated
The formula to convert international gold price to Pakistani rupees per tola:
- International price: USD per troy ounce
- USD per tola = USD price ÷ 2.6667 (since 1 troy ounce = 2.6667 tolas)
- PKR per tola = USD per tola × USD/PKR exchange rate
For example: If gold = $2,300/oz and USD/PKR = 280, then 24K per tola = (2300 ÷ 2.6667) × 280 = PKR 241,500 (approximately).
Gold Rate Per Gram vs Per Tola
- 1 Tola = 11.664 grams (exact)
- Per gram = Per tola ÷ 11.664
- Per 10 grams = Per tola × (10 ÷ 11.664)
Daily Gold Rate Update Schedule
- Monday to Saturday: New rates announced by APGJSA, typically 10 AM – 1 PM
- Sundays and public holidays: Previous business day rate remains effective
Why PKR Gold Rates Move Differently from International Prices
On some days, gold price in PKR can rise even when international gold is flat. This happens when the Pakistani Rupee weakens against the USD. Similarly, if the rupee strengthens, gold in PKR can fall even if international gold is stable. This dual movement makes Pakistani gold rates unique compared to international benchmarks.
How often is the gold rate updated in Pakistan?
APGJSA announces new gold rates on every working day. Our website updates these rates daily as soon as the official announcement is made.
What is 1 tola in grams?
1 tola equals exactly 11.664 grams. This is the internationally accepted conversion for the South Asian tola unit used in gold trading.