What Is 1 Tola Gold Price in Pakistan Today?
The 1 tola gold rate in Pakistan today, updated on Monday, 2nd March 2026, is Rs. 546,000 for 24-karat gold, Rs. 500,496 for 22-karat gold, Rs. 477,750 for 21-karat gold, and Rs. 409,500 for 18-karat gold — as confirmed by the Pakistan Sarafa Market.
These are the official rates announced by the Karachi Sarafa Jewellers Association every morning, and they are followed by gold markets across the country.
Today’s 1 Tola Gold Rate Table — March 2026
| Karat | 1 Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) |
|---|---|---|---|
| 24K (Pure Gold) | Rs. 546,000 | Rs. 468,120 | Rs. 46,812 |
| 22K (Jewellery) | Rs. 500,496 | Rs. 429,288 | Rs. 42,929 |
| 21K | Rs. 477,750 | Rs. 409,643 | Rs. 40,964 |
| 18K | Rs. 409,500 | Rs. 351,090 | Rs. 35,109 |
The worth of 1 Tola Gold Price in Pakistan Today 2026 24K gold in Pakistani rupees is five hundred forty-six thousand rupees, per 10 grams is four hundred sixty-eight thousand one hundred twenty rupees, and per ounce the gold rate is one million four hundred fifty-six thousand twenty rupees.
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What Is a “Tola” — And Why Does Pakistan Use It?
Before diving deeper into prices and market trends, it is important to understand what a tola actually is — because most of the world does not use this unit.
A tola is a traditional unit used in South Asia for measuring precious metals, equivalent to approximately 11.66 grams.
To be precise: 1 tola = 0.375 troy ounce, and 1 troy ounce = 2.6667 tolas. In 1 tola there are 11.664 grams, and the weight of gold is usually measured in grams or ounces internationally, but Pakistan continues to use the tola as a cultural and commercial standard.
The tola has roots going back to the Mughal era and was the standard unit of the British Indian silver rupee coin. Today, it remains the primary unit for gold trading in all Sarafa (bullion) markets across Pakistan, India, Nepal, and Bangladesh. When Pakistanis discuss how much gold was given at a wedding, how much a jeweller is charging, or what the daily gold rate is, they always talk in tolas.
Recent Price Surge — What Happened in February–March 2026?
Gold has gone through a dramatic and historic run in recent weeks. On Sunday, 1 March 2026, the price of gold per tola held at Rs. 550,562 in the local market, while the price of 10 grams of gold climbed to Rs. 472,018. Just a day earlier on Friday, the per-tola price had been steady at Rs. 540,562 — making Saturday’s dramatic upswing even more striking.
Silver also joined the upward march, with its price jumping by Rs. 388, pushing the per-tola silver rate to Rs. 9,862.
Here is a full weekly breakdown of the 1 tola 24K gold rate over the past month:
| Date | 1 Tola 24K (PKR) | Change |
|---|---|---|
| 2 Feb 2026 | ~Rs. 490,000 | Baseline |
| 11 Feb 2026 | Rs. 520,190 | +Rs. 30,190 |
| 28 Feb 2026 | Rs. 540,562 | Stable |
| 1 Mar 2026 | Rs. 550,562 | +Rs. 10,000 |
| 2 Mar 2026 | Rs. 546,000–552,000 | Near record |
For broader context: the average price of gold during all of 2025 was Rs. 970,907 per ounce, and the price was up +65.86% across the full year of 2025 alone — one of the biggest annual gains in Pakistan’s gold market history.
1 Tola Gold Price by City — March 2026
In Pakistan, Karachi is the main hub of gold trading. The Karachi Sarafa Market sets the trend for gold rates in Pakistan, and in every city, gold brokers and jewellers follow the trend of the Karachi Gold Market for today’s gold prices.
The per-tola gold rate in Pakistan on March 2026 is PKR 552,331, while the gold rate for 10 grams is PKR 474,038. Gold rates may differ slightly in every city of Pakistan.
| City | 1 Tola 24K (PKR) |
|---|---|
| Karachi | Rs. 546,000–552,000 |
| Lahore | Rs. 546,200–552,200 |
| Islamabad | Rs. 546,350–552,350 |
| Rawalpindi | Rs. 546,350–552,350 |
| Peshawar | Rs. 546,500–552,500 |
| Quetta | Rs. 546,700–552,700 |
The slight city-by-city differences are due to local transport costs, dealer margins, and regional demand fluctuations. However, all cities take their base rate from the Karachi Sarafa announcement.
International Gold Price & The USD–PKR Connection
Pakistan does not mine gold domestically in significant quantities. All gold is imported and priced in US dollars before being converted to Pakistani rupees. This means two numbers drive the 1 tola price in Pakistan: the international gold spot price, and the USD/PKR exchange rate.
Gold prices per tola are converted from USD to Pakistani Rupee according to the latest exchange rates, where 1 USD = approximately 279.06 Pakistani Rupee.
As of 28 February 2026, the international gold price was sitting at $5,280 per ounce, while Pakistan’s local per-tola rate was Rs. 553,278.
Gold prices soared throughout 2025, driven by tariff uncertainty and strong demand from ETFs and central banks, climbing as much as 55% and surpassing $4,000/oz for the first time. The 2026 outlook remains bullish, with prices expected to push toward $5,000/oz by the fourth quarter of 2026.
A simple rule of thumb: every $10 rise in the international gold price adds approximately Rs. 2,800–3,000 to the 1 tola rate in Pakistan. Every Rs. 5 weakening of the PKR against the dollar adds approximately Rs. 2,000–2,500 to the 1 tola rate. Both factors are currently working simultaneously, which is why the 1 tola price has surged so dramatically.
Why Is 1 Tola of Gold So Expensive in 2026?
Several powerful, interconnected forces are responsible for the record-high 1 tola price:
1. International Bullion Rally Gold prices in 2025 and 2026 have been driven by a combination of trade tensions, reduced demand for the U.S. dollar, and increased central bank buying — creating ideal conditions for a historic price upswing.
2. Central Banks Buying Massively J.P. Morgan Global Research projects that central bank demand will remain elevated in 2026, with around 755 tonnes of central bank gold purchases expected — still significantly above the pre-2022 average of 400–500 tonnes per year.
3. Investor Demand Surge Gold’s share of total global financial assets has been increasing since 2010, rising to about 2.8% by late 2025, as investors increasingly treat gold as a core portfolio holding rather than just an emergency hedge.
4. Weak Pakistani Rupee With PKR hovering around Rs. 279–282 per US dollar, the cost of importing gold has become substantially more expensive for Pakistani dealers compared to just two years ago. Every currency depreciation episode directly pushes the 1 tola price higher.
5. Local Seasonal Demand Pakistan’s spring wedding season runs from February through April. This is the peak period for gold jewellery purchases across the country. Bridal gold sets — which often include 5–15 tolas of 22K gold — see enormous demand during this window, tightening local supply and adding upward pressure on the 1 tola price.
6. Inflation Hedge Behaviour Gold and silver continue to be popular options for saving, investing, and gifting in Pakistan, as precious metals serve as a reliable hedge against currency changes and local demand shifts. GTV News HD With Pakistan’s inflation remaining elevated, more households are converting cash savings into gold.
Understanding 1 Tola Across Different Karat Purities
Not all tolas are equal — the purity (karat) of the gold matters enormously when it comes to price and intended use.
24K gold has no impurities and is a 100% pure form of gold. It is bright yellow in colour and 99.99% to 100% pure. It is the most expensive form because no other metals are added.
22K gold (also called .916) is 916/1000 pure and is commonly used in jewellery making in Asia. 21K gold (.875) is 875/1000 pure and is used in some Middle Eastern countries. 18K gold (.750) is 750/1000 pure and is sometimes used in jewellery in America and Asia, and is the most common in Europe.
Which tola should you buy?
| Purpose | Best Karat | Reason |
|---|---|---|
| Pure investment / gold bars | 24K | Maximum value, easiest to resell |
| Bridal jewellery | 22K | Traditional in Pakistan, durable |
| Everyday jewellery | 21K or 18K | More durable, lower price |
| Fashion accessories | 18K | Most affordable option |
1 Tola Gold Price Forecast for Rest of 2026
According to expert forecasts, the price of 24K gold in Pakistan may reach between Rs. 570,000 to Rs. 600,000 per tola depending on inflation and the PKR/USD exchange rate.
Goldman Sachs has forecast a gold price of $5,500 per ounce by the end of 2026, while Bloomberg Commodity Outlook predicts a continued bullish trend in gold due to global recessionary risks.
J.P. Morgan Research also sees prices pushing toward $5,000/oz by Q4 2026, with $6,000/oz a possibility over the longer term.
If these international forecasts materialise and PKR remains at current levels, the 1 tola 24K gold price in Pakistan could realistically touch Rs. 580,000–Rs. 620,000 by December 2026.
How to Buy 1 Tola of Gold Safely in Pakistan
With prices at all-time highs, the risk of fraud, fake gold, or overcharging is elevated. Follow these steps to protect yourself:
Step 1 — Check the daily Sarafa rate first Gold.pk maintains accuracy by timely updating gold rates received from authentic sources like the Karachi Sarafa Association of Pakistan, allowing you to monitor price fluctuations and make informed decisions about buying or selling. Gold.pk Always check gold.pk, UrduPoint, or hamariweb before visiting any jeweller.
Step 2 — Understand the full cost The 1 tola gold rate you see announced by the Sarafa Association is the base bullion rate only. On top of this, jewellers add making charges (typically 15–20% for jewellery), GST on making charges at 18%, and withholding tax of 2% for non-filers. Always ask for an itemised receipt.
Step 3 — Verify hallmark stamps Buy only hallmarked gold — look for the 999 stamp on 24K gold and the 916 stamp on 22K gold. These hallmarks are internationally recognised purity certifications.
Step 4 — Buy from registered Sarafa dealers Always buy from shops registered with their local Sarafa Association. Ask for a receipt that includes the weight in tolas, the karat/purity, today’s official Sarafa rate, and making charges listed separately.
Step 5 — Consider gold bars or coins for investment If buying gold purely as an investment, gold bars and coins carry significantly lower making charges than jewellery. They are also easier to resell at full market value.
Where to Buy 1 Tola of Gold in Pakistan’s Top Markets
Karachi
- Sarafa Bazaar, Jodia Bazaar — the central wholesale and retail bullion market
- Tariq Road — popular retail jewellery area
Lahore
- Anarkali Bazaar — one of the most historic and active jewellery markets
- Shah Alam Market & Liberty Market
Islamabad / Rawalpindi
- Urdu Bazaar Sarafa Market, Rawalpindi
- Blue Area jewellery shops, Islamabad
Peshawar
- Qissa Khwani Bazaar Sarafa Market — centuries-old trading hub
Quetta
- Liaquat Bazaar gold market
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Final Word
The 1 tola gold price in Pakistan in 2026 has reached historic territory, driven by global bullion market strength, a competitive rush among central banks for gold reserves, sustained domestic demand during wedding season, and ongoing PKR weakness. Whether you are buying 1 tola for a wedding, as an investment, or for savings, always verify the rate from a trusted Sarafa-affiliated source before entering any market, get a full itemised receipt, and check for hallmark stamps.
