How to use the Gold Price Calculator
- 1 Enter today's 24K gold rate per tola from the Sarafa market.
- 2 Choose the karat of the gold.
- 3 Enter the weight and choose the unit.
- 4 Add making charges as a percentage if you are buying jewellery.
Worked example
1 tola of 22K gold when the 24K rate is Rs 425,636 per tola. The 22K rate is Rs 425,636 × 22 ÷ 24 = Rs 390,166 per tola, which is about Rs 33,451 per gram. With making charges of 10%, a one tola 22K piece would cost about Rs 429,183.
Features
Every karat
24K, 22K, 21K and 18K prices worked out from the 24K rate.
Local units
Tola, masha, gram and 10 grams, with 1 tola equal to 11.6638 grams.
Making charges
Add the jeweller's making charge to see the full price.
When to use it
Buying jewellery
Check a jeweller's quote before you pay.
Selling gold
Know the value of your gold before visiting the market.
Zakat
Value your gold for zakat.
Dowry and gifts
Plan gold purchases for weddings within your budget.
Frequently asked questions
How many grams are in a tola?
1 tola is 11.6638 grams. One tola has 12 masha and each masha has 8 ratti.
How is 22K price worked out?
Multiply the 24K rate by 22 and divide by 24. Jewellers may quote slightly different 22K rates because of refining and market spreads.
Which karat is used for jewellery in Pakistan?
Most jewellery is 21K or 22K. 24K is used for bars and coins, and 18K for some modern and stone-set designs.
What are making charges?
The jeweller's fee for crafting the piece, often charged per tola or as a percentage. When you sell jewellery, making charges are not paid back.
Where does the daily rate come from?
The All Pakistan Sarafa Gems and Jewellers Association announces rates each day, following the international gold price and the rupee exchange rate.
Why do I get less when selling?
Jewellers usually deduct for impurities, wastage and making charges. Ask for the deduction in writing before you sell.
Is it better to buy bars or jewellery?
For saving, 24K bars and coins are cheaper because there are no making charges and resale deductions are smaller. Jewellery costs more to buy and loses its making charges when sold.
Is gold sold with GST in Pakistan?
Sales tax applies to jewellery sold by registered jewellers, and the rate is set in the federal budget. Ask for a proper receipt showing the gold rate, weight, making charges and tax.
How do I check purity?
Ask for a hallmark or a karat test. Many markets have testing labs that check purity with an XRF machine for a small fee.
Why do rates differ between cities?
Local Sarafa associations announce rates for their markets. Karachi, Lahore and Islamabad rates are usually close but can differ by a few hundred rupees.
Results are estimates based on the official rates linked above. Confirm important figures with the issuing authority or a qualified adviser before you act on them.
Reviewed by ToolsUnlocked Team · Last updated