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1 Tola Gold Price in Pakistan Today 2026 – 24K, 22K, 21K Live Rate
What Is a Tola?
The tola is the most widely used unit for buying and selling gold in Pakistan. Whether you are at a jewellery shop in Lahore’s Akbari Mandi or discussing a wedding set in Karachi, the conversation always comes back to price per tola.
Currently in Pakistan, one tola is equal to 11.6638 grams of gold. One tola of gold is equal to 12 Masha. One ounce is equal to 2.43 tolas of gold in Pakistan. One ounce of gold is equivalent to 31.1035 grams. The tola was the traditional unit of weight used in British India and continues to dominate the South Asian gold trade to this day.
1 Tola Gold Price in Pakistan Today – June 10, 2026
The 1 tola gold rate in Pakistan for 24 karat is Rs. 449,500. The 22 karat gold price per tola is Rs. 412,039. The 21 karat rate per tola is Rs. 393,313. The 18K gold rate per tola is Rs. 337,125.
| Karat | 1 Tola Price (Rs.) | Purity | Common Use |
|---|---|---|---|
| 24K | 449,500 | 99.9% | Bars, coins, investment |
| 22K | 412,039 | 91.6% | Fine jewellery, bridal |
| 21K | 393,313 | 87.5% | Everyday jewellery |
| 18K | 337,125 | 75.0% | Diamond settings, export |
1 Tola Gold Price in Pakistan – Year-by-Year (2023–2026)
One of the most searched questions in 2026 is how today’s price compares to recent years. Here is the data:
| Year | 1 Tola 24K Price (Rs.) | Annual Change |
|---|---|---|
| 2023 | ~150,000–210,000 | +33% |
| 2024 | ~210,000–282,300 | +22% |
| 2025 | ~282,300–490,000 | ~+73% |
| 2026 (June) | ~449,500 | Pullback from highs |
Unlike 2022 and 2023, which were PKR-led price rallies, 2024 was purely international-price driven. The PKR stabilised at Rs. 278, but international gold rallied from $2,000 to $2,790 per ounce, setting new all-time highs repeatedly, driven by central bank buying from China and India, geopolitical tensions, and anticipated Fed rate cuts.
2025 saw the most dramatic moves — international gold traded between $5,050 and $5,150 per ounce in peak months, supported by sustained safe-haven demand.
What Happened to 1 Tola Gold Price in 2024?
In 2024, gold in Pakistan ranged from Rs. 210,000 to Rs. 282,300 per tola — a 22% return for the year. This movement was purely driven by the international market, as central bank buying accelerated and de-dollarization trends strengthened. Buyers who purchased 1 tola in early 2024 and held through 2025 would have seen their value more than double.
1 Tola Gold Price in Pakistan in 2023
The PKR hit Rs. 307 on the black market in early 2023 before stabilising around Rs. 283. International gold also rallied to a $1,940/oz average. Gold crossed Rs. 200,000 per tola around October 2023, delivering a 33% return for the year.
City-Wise 1 Tola Gold Price in Pakistan
| City | 24K per Tola (Rs.) | 22K per Tola (Rs.) |
|---|---|---|
| Karachi | 449,500 | 412,039 |
| Lahore | 449,500 | 412,039 |
| Islamabad | 449,700 | 412,200 |
| Rawalpindi | 449,700 | 412,200 |
| Peshawar | 450,000 | 412,500 |
| Faisalabad | 449,500 | 412,039 |
| Multan | 449,500 | 412,039 |
City differences are minimal — Karachi’s Sarafa Bazar often sets the base rate daily, which is then adopted across Pakistan. Gold trades in all major cities at roughly the same rate, with minor variation driven by local dealer margins.
Buying 1 Tola of Gold in Pakistan – What You Should Know
Total Cost vs Spot Price
The spot rate (Rs. 449,500 for 24K) is the raw bullion price. When buying from a jeweller, additional costs include making charges (1–25% depending on design complexity), GST, and any jeweller margin. For plain gold bars or coins, making charges are minimal (1–3%).
Best Time to Buy 1 Tola
There is no universally “best” time, but the June 2026 pullback — where prices dropped from near Rs. 492,000 in May to Rs. 449,500 in June — represents a ~8% discount from recent highs. Historically, corrections of this magnitude have been followed by recoveries within 3–6 months.
1 Tola vs 10 Grams — Which Unit to Buy?
In Pakistan’s Sarafa market, tola is the standard. Ten-gram gold bars are more common in the international market and are traded on PMEX. For local jewellery purchases, tola is the practical unit. 1 tola = 11.6638g, so a 10g bar is slightly less than 1 tola.
Factors That Will Drive 1 Tola Gold Price in the Rest of 2026
Federal Reserve Policy: Anticipated interest rate cuts by the US Fed later in 2026 would weaken the dollar and push gold higher globally — which would translate directly to higher per-tola prices in PKR.
USD/PKR Stability: If the rupee holds around Rs. 277–280 per dollar, gold price volatility in PKR terms will primarily follow international prices.
Geopolitical Resolution: A more stable Middle East situation would reduce safe-haven premium, potentially keeping gold in the Rs. 430,000–460,000 range through Q3 2026.
Pakistan’s Import Policy: Any change in gold import duties or SBP regulations around bullion would directly impact local prices.
Frequently Asked Questions
What is 1 tola gold price in Pakistan today 2026?
Rs. 449,500 for 24K and Rs. 412,039 for 22K, as of June 10, 2026, per Sarafa Bazar rates.
What was 1 tola gold price in Pakistan in 2023?
Gold crossed Rs. 200,000 per tola around October 2023, delivering a 33% annual return. The year started around Rs. 150,000 per tola.
What was 1 tola gold price in Pakistan in 2024?
Gold ranged from Rs. 210,000 to Rs. 282,300 per tola in 2024, delivering a 22% return for the year.
Is 1 tola of gold a good investment in 2026?
Given the pullback from May 2026 highs, the current price represents an attractive medium-term entry point compared to the Rs. 490,000+ levels of just a few weeks ago.
How many grams is 1 tola of gold?
Exactly 11.6638 grams.
How many masha in 1 tola?
One tola of gold equals 12 Masha.
Where is the cheapest 1 tola gold in Pakistan?
Prices are standardised nationally. Karachi’s Sarafa Bazar may offer marginally tighter spreads due to higher volume and competition.
What was the highest 1 tola gold price ever in Pakistan?
Pakistan’s gold market saw prices climb to per tola Rs. 492,362 in mid-May 2026 — the highest recorded level at that time, driven by international gold exceeding $4,700 per ounce.
How do I calculate the value of my 1 tola gold jewellery?
Take the current per-tola spot rate, multiply by the karat purity ratio (e.g., 22K ÷ 24K = 0.9167), and subtract making charges to get the metal value only.
One tola gold price in Pakistan today for 2025?
In 2025, 1 tola gold prices in Pakistan ranged from approximately Rs. 282,300 at the start of the year to near Rs. 490,000 by year-end, reflecting a ~73% annual increase driven by record international gold prices.
Conclusion
The 1 tola gold price in Pakistan in 2026 has traversed a dramatic arc — from Rs. 282,300 at the start of 2024 to a peak near Rs. 492,000 in May 2026, now settling around Rs. 449,500. For anyone buying for investment, jewellery, or savings, the tola remains the most practical, culturally relevant, and liquidity-friendly unit in the Pakistani gold market. Always verify rates on the day of purchase from a Sarafa Association-certified source before transacting.
Related Articles
- Gold Price in Pakistan Today – Full Rate Card
- 24K Gold Price in Pakistan Per Tola and Per Gram
- 10 Tola Gold Price in Pakistan – Bulk Investment Guide
- Gold Rate History in Pakistan – 2000 to 2026
- How to Buy Gold Safely in Pakistan