Gold Price Per Ounce in Pakistan Today (USD & PKR)
Gold Price Per Ounce (Troy) in Pakistan — Today’s Rate
The ounce is the troy ounce, the international benchmark unit used on COMEX and in the global XAU/USD spot price. Below is today’s per-ounce (troy) gold price broken down by all four commonly traded karats.
| Karat | Price (PKR) |
|---|---|
| 24K | Rs. 1,035,410 |
| 22K | Rs. 949,119 |
| 21K | Rs. 905,984 |
| 18K | Rs. 776,558 |
Source: Karachi Sarafa Jewellers Association-linked rate, updated Friday, 17 July 2026, 06:00 PM PST.
Ounce (Troy) to Other Units — Quick Conversion
Not sure how a ounce (troy) compares to a tola, gram or ounce? Use the table below, or jump straight to our free gold price calculator to convert any weight instantly.
| Unit | Grams | 24K Value (PKR) |
|---|---|---|
| 1 Tola | 11.6638 g | Rs. 425,997 |
| 1 Gram | 1 g | Rs. 36,523 |
| 10 Grams | 10 g | Rs. 365,230 |
| 1 Ounce (Troy) | 31.1035 g | Rs. 1,135,993 |
Ounce Price in USD
Internationally, gold is quoted per troy ounce in US dollars. As of Friday, 17 July 2026, 06:00 PM PST, the international spot price is around US$ 3,368 per troy ounce (XAU/USD), which converts to the PKR ounce figures shown above once the local USD/PKR exchange rate, import costs and the Sarafa Association's margin are applied. See our gold price in USD and international gold rate pages for the live spot conversion.
Why Pakistan Still Quotes Gold by the Tola
The tola (11.664 grams) is a centuries-old South Asian weight unit that predates the metric system in the region, and Pakistan’s Sarafa Bazaars have never fully switched away from it. Even as younger buyers and online jewellers increasingly quote in grams, the tola remains the number printed on rate boards in Karachi, Lahore and every other city’s gold market, which is why we show both units side by side on every page.
Tips for Buying Gold by Weight
- Always confirm which unit — tola or gram — the quoted price refers to before agreeing on a deal; a mix-up can mean an 11.66x price difference.
- Ask the jeweller to weigh the piece in front of you on a certified digital scale.
- Making charges (ujrat) are added on top of the pure-metal weight price and are usually negotiable, especially on higher-weight pieces.
- For investment purchases, 24K bars or coins sold strictly by weight (tola or gram) avoid making-charge costs entirely.
Frequently Asked Questions
How much is gold per ounce (troy) in Pakistan today?
Gold per ounce (troy) in Pakistan today is Rs. 1,035,410 for 24K and Rs. 949,119 for 22K.
How many grams are in 1 tola?
1 tola equals 11.6638 grams, the standard conversion used across Pakistan's gold markets.
How many grams are in 1 troy ounce?
1 troy ounce equals 31.1035 grams — the international unit used for the global XAU/USD gold price.
Does the ounce (troy) price change every day?
Yes. Like all gold prices in Pakistan, it is revised whenever the Sarafa Association updates the rate, which can happen more than once a day when international prices move sharply.
How many tola are in one troy ounce of gold?
One troy ounce (31.1035 g) equals roughly 2.667 tola.
Why does the international price move faster than Pakistan's local rate?
International spot gold trades continuously across global markets, while Pakistan's Sarafa Association typically revises its local benchmark once or a few times per day, so there's often a short lag.
Why the Ounce Matters Even in Pakistan
Pakistan's local rate isn't set in isolation — it's derived every day from the international spot price, which the whole world quotes per troy ounce (31.1035 grams) in US dollars. Understanding the ounce price lets you see gold movements before they filter through to the local tola/gram rate, and it's the number you'll see on international financial news, trading platforms, and sites like Kitco.
Troy Ounce vs. Regular Ounce
The troy ounce used for gold (31.1035 g) is different from the everyday avoirdupois ounce (28.35 g) used for food or general weight in some countries — mixing the two up leads to a roughly 10% calculation error. All gold, silver and precious-metal pricing worldwide, including on this page, uses the troy ounce.
Do Pakistani jewellers ever quote prices per ounce?
Rarely for retail jewellery — ounce pricing is mostly used for international/institutional reference, while local shops quote in tola or gram.
How many grams are in a troy ounce?
One troy ounce equals 31.1035 grams, which is different from the common (avoirdupois) ounce of 28.35 grams used for everyday items.
Ounce Pricing for Comparing Global Markets
If you follow international financial news, gold is almost always quoted per troy ounce in USD — this is the number that moves markets, gets discussed by central banks, and appears in commodity trading platforms worldwide. Understanding this figure gives Pakistani readers the same reference point as the rest of the world's gold market.
From Ounce to a Pakistani Purchase
Once you have the ounce price, convert to a locally useful figure using our gold price calculator, which handles the ounce-to-tola/gram conversion and karat adjustment in one step.