Gold in Pakistan: An Introduction
Pakistan has one of the most vibrant gold markets in the world, with an annual gold demand of over 50 tonnes. Gold is deeply embedded in Pakistani culture — used for weddings, savings, and investment alike.
Where to Buy Gold in Pakistan
1. Sarafa Bazaars
The most traditional option. Pakistan\'s main Sarafa (gold bullion) markets are located in:
- Karachi — Jodia Bazaar and Sarafa Bazaar (sets the national benchmark rate)
- Lahore — Rang Mahal and Urdu Bazaar
- Rawalpindi/Islamabad — Sarafa Bazaar near Raja Bazaar
2. Licensed Jewellers
For jewellery, always buy from registered jewellers who provide proper receipts and purity certificates. The All Pakistan Sarafa Gems & Jewellery Association (APSGJA) regulates the trade.
3. Banks — Gold Coins and Bars
Several Pakistani banks, including the State Bank of Pakistan and private banks, offer gold coins and small bars. These carry a slight premium but are guaranteed pure and come with certificates.
24K / Tola (Apr 2026)
Rs 499,500
22K / Tola
Rs 457,872
24K / Gram
Rs 42,825
Making charges
5–15%
Important Tips for Pakistani Gold Buyers
- Always compare the published Sarafa rate before visiting a jeweller
- Ask for a receipt showing the weight, karat, and price paid
- Avoid buying from street vendors or unregistered sellers
- Gold jewellery includes making charges (5–15%) which you lose on resale
- For pure investment, prefer 24K bars or coins over jewellery
Disclaimer: This article is for informational and educational purposes only and does not constitute financial advice. Gold prices mentioned are indicative. Always consult a licensed financial adviser and verify current rates at GoldRateToday.xyz before making investment decisions.