Today's gold rate in every karat

The table above shows today's rate for one tola, ten grams and one gram in 24, 22, 21 and 18 karat. Only the 24 karat tola figure is fixed by the Karachi Saraf Jewellers Association; the other karats are that figure multiplied by the karat over twenty-four. The ladder can never disagree with itself, and a buyer who knows the 24 karat close can check any row.

One rate, multiplied down the karats

The sarafa's 24 karat tola close and the rows it produces for lighter karats.

Close of: 31.10.2026

What the columns show

The first column is the karat, and the next three are the rate for one tola, ten grams and one gram. The 24 karat tola figure is the association's close, and the ten-gram and one-gram figures are that close divided out. The 22, 21 and 18 karat rows are the 24 karat close multiplied by the karat over twenty-four, so they are derived, not observed.

A table that shows all four karats is convenient, but it does not show four markets. There is one market, for 24 karat gold, and the other rows are arithmetic. A buyer who is quoted a different 22 karat rate is being quoted a different 24 karat close or a different tola weight, not a separate price.

What the karat stamp promises

A karat stamp is a promise about purity: 24 karat is pure gold, 22 karat is twenty-two parts gold and two parts other metal, and so on. The stamp is a legal promise in Pakistan, and a buyer can ask a jeweller to verify it with an acid test or an electronic tester. A piece that is stamped 22 karat but tests lower is a fraud.

The stamp does not promise that the piece is worth the full 22 karat rate. Making charges, wastage and the jeweller's margin are added on top, and they are not part of the karat price. A buyer who wants to know what a piece should weigh at a given purity can use the karat ladder to check the metal value alone.

Why the ladder can never disagree with itself

Because the 22, 21 and 18 karat rows are the 24 karat close multiplied by the karat over twenty-four, they must move together. If the 24 karat tola close rises, every lower karat rises in the same proportion. A copy site that prints a 22 karat figure that does not match this arithmetic is using a different close or a different tola weight.

The ladder is a convenience, not a set of independent observations. A buyer who wants to know the 22 karat rate for a piece of jewellery can simply divide the 24 karat close by twenty-four and multiply by twenty-two. The table does that division for you, and it cannot be wrong unless the 24 karat close is wrong.

What the ten-gram and one-gram figures mean

The ten-gram and one-gram figures are the tola close divided out, so they are just as derived as the karat rows. They are useful for a buyer who is looking at a piece weighed in grams, which is common in urban jewellers. The tola remains the standard unit for the sarafa, but a gram price is easier to compare with a piece's weight.

A buyer who is quoted a gram price that does not match the tola close divided by 11.6638 should ask why. The most common reason is that the jeweller is using a different tola weight, or adding a margin on top of the metal price. The table above shows the metal price only, with no making charges.

What is not in the table

The table does not show making charges, wastage, or the buy-back deduction. Those are set by the jeweller, not by the sarafa, and they vary from shop to shop. A buyer who wants to know the total cost of a piece must ask the jeweller to itemise the metal price, the making charge, and the wastage separately.

The table also does not show a forecast. It is today's rate, fixed by the association, and it can change tomorrow. A buyer who is waiting for a lower price is waiting on a market that moves for reasons outside Pakistan, and the table cannot tell them when to buy.

What a buyer should check before paying

A buyer should check that the piece is stamped with the karat it is sold as, and that the weight on the receipt matches the weight on the scale. The receipt should itemise the metal price per tola or per gram, the making charge, and the wastage separately. A receipt that only gives a total is hiding the jeweller's margin.

The sarafa rate is a benchmark, not a retail price. A jeweller who quotes the sarafa rate and then adds a making charge is not cheating; a jeweller who quotes the sarafa rate and then adds a charge without saying so is. The table above gives the benchmark, and the buyer's job is to see how much is added.