🌆 Gold Rate Today in Rawalpindi
🕐 Last Updated: 09 Jul 2026, 01:39 PM PKT · Source: Rawalpindi Sarafa Association / APGJSA
Rawalpindi's Raja Bazaar Sarafa is one of Pakistan's oldest and most active gold trading markets, serving both Rawalpindi and the federal capital Islamabad. The twin-city gold market has deep historical roots going back to the British era.
📊 Rawalpindi Gold Rate Today — All Weights & Purities
| Weight | 24K Pure (₨) | 22K (₨) | 21K (₨) | 18K (₨) |
|---|---|---|---|---|
| Per Gram | 43,225 | 39,594 | 37,822 | 32,419 |
| Per 5 Grams | 216,125 | 197,970 | 189,110 | 162,095 |
| Per 10 Grams | 432,250 | 395,940 | 378,220 | 324,190 |
| Per Tola (11.66g) | 504,162 | 461,812 | 441,142 | 378,122 |
| Per Ounce (31.1g) | 1,339,975 | 1,227,414 | 1,172,482 | 1,004,989 |
📈 Rawalpindi Gold Rate — This Week's Trend
| Date | 24K Per Tola (₨) | 22K Per Tola (₨) | Change |
|---|---|---|---|
| Today | 504,162 | 461,812 | — |
| Yesterday | 502,800 | 460,567 | ▲ +1,362 |
| 2 Days Ago | 501,450 | 459,330 | ▲ +1,350 |
| 3 Days Ago | 500,100 | 458,092 | ▲ +1,350 |
| 4 Days Ago | 503,500 | 461,154 | ▼ −3,400 |
| 5 Days Ago | 501,000 | 458,858 | ▲ +2,500 |
| 6 Days Ago | 498,500 | 456,564 | ▲ +2,500 |
🏛️ Raja Bazaar Sarafa — Rawalpindi's Gold Trading Hub
The Raja Bazaar Sarafa in Rawalpindi is located in the heart of the old city near Banni Chowk. It houses over 400 gold and silver shops, making it one of the largest Sarafa markets in northern Pakistan. The market operates 6 days a week (closed Sundays).
The Rawalpindi Sarafa Association has one of the most organized structures in Pakistan's gold trade. It announces daily rates at 9:00 AM sharp — sometimes even earlier than some other city associations — making it a reference point for northern Pakistan jewellers including those in Attock, Jhelum, Chakwal, and Gujar Khan.
💍 Rawalpindi's Unique Gold Market Character
Rawalpindi's Sarafa Bazaar is unique in that it operates both as a retail and wholesale market simultaneously. Jewellers from across the KPK border and Islamabad regularly source gold inventory here. The market is particularly known for its traditional Peshwari-style and Mughal-era jewellery designs.
Jewellery Styles Unique to Rawalpindi's Sarafa Market
- Peshwari-Style Heavy Sets: Large, statement jewellery popular among Pashtun and Punjabi communities near Rawalpindi
- Polki & Uncut Diamond Sets: Traditional sets mounted in 22K gold — a speciality of Raja Bazaar craftsmen
- Army/Government Gifting: Given Rawalpindi's large military population (GHQ is located here), gold coins and bars are popular retirement/promotion gifts
- Daily-Wear Gold: Lightweight 22K bangles and earrings in simple designs, very popular in cantonment areas
- Antique Reproduction Pieces: Some shops specialize in recreating Mughal-era designs in 22K gold
Making Charges in Rawalpindi
| Jewellery Type | Making Charges (per tola) | Purity |
|---|---|---|
| Simple Bangles | ₨2,000 – ₨3,500 | 22K |
| Plain Necklace | ₨3,500 – ₨6,000 | 22K |
| Bridal Set | ₨7,000 – ₨18,000 | 22K |
| Polki / Heavy Sets | ₨10,000 – ₨30,000 | 22K |
| Gold Coins / Bars | ₨500 – ₨1,200 | 24K |
❓ Frequently Asked Questions — Gold Rate in Rawalpindi
What is the gold rate today in Rawalpindi?
Today's gold rate in Rawalpindi is ₨504,162 per tola for 24K gold and ₨461,812 per tola for 22K gold. These rates are declared by the Rawalpindi Sarafa Association by 9:00 AM each morning.
Where is the Sarafa market in Rawalpindi?
The main Sarafa market in Rawalpindi is Raja Bazaar Sarafa, located near Banni Chowk in the heart of old Rawalpindi. It houses over 400 gold and silver shops and is one of the largest Sarafa markets in northern Pakistan. The market is closed on Sundays.
Is Rawalpindi gold rate same as Islamabad?
Yes — Rawalpindi and Islamabad share the same Sarafa rate. Both cities are served by the same Sarafa Association, and the Raja Bazaar Sarafa effectively sets the rate for the entire twin-city region. You will find identical base gold prices in both cities, with only making charges varying between individual jewellers.
Do Rawalpindi jewellers offer better prices than Islamabad?
The base gold price (per tola rate) is identical. However, Rawalpindi's Raja Bazaar often has lower making charges compared to Islamabad's mall-based jewellers because overhead costs are lower in the traditional market. You may save ₨2,000–₨5,000 per tola in making charges by purchasing from Raja Bazaar vs. a mall showroom in Islamabad.
Can I sell old gold in Rawalpindi's Sarafa market?
Yes — Rawalpindi's Raja Bazaar is one of the best places to sell old gold in northern Pakistan. Jewellers will test your gold's purity using acid testing or XRF machines and offer you close to the day's Sarafa rate (usually 2–5% below spot for immediate cash purchase). Getting quotes from 2–3 shops before selling is recommended.
🗺️ Gold Rate in Rawalpindi vs Other Cities
| City | 24K Per Tola (₨) | 22K Per Tola (₨) | Difference vs Rawalpindi |
|---|---|---|---|
| Rawalpindi | 504,162 | 461,812 | — |
| Islamabad | 504,162 | 461,812 | ₨0 (Twin City) |
| Karachi | 504,162 | 461,812 | ₨0 |
| Lahore | 504,162 | 461,812 | ₨0 |
| Peshawar | 504,362 | 462,012 | ▲ +200 |
| Quetta | 504,462 | 462,112 | ▲ +300 |