The image in this article is an original AI-generated illustration of gold bars, coins and US dollar banknotes, created for MyThrift Hub. It is not a photograph of a market or a bank.
Gold held steady on the Karachi sarafa board on Sunday 25 October 2026, while the US dollar stayed flat against the Pakistani rupee after Friday's interbank close. Because Pakistani markets are closed on Sunday, today's figures are the morning board rates and Friday's closing interbank rate — not live trading prices. Different sources quote slightly different gold rates, so this update gives the full sourced range instead of pretending there is one single price.
Gold Rate in Pakistan Today — 25 October 2026
For 24-karat gold, the most quoted figure in Pakistan, the range across the sources checked this morning is Rs 414,300 to Rs 421,400 per tola (one tola = 11.6638 grams). The sarafa board rates — the prices jewellers actually post in the market — sit at the top of that range, while the lower figure is a direct conversion of the international spot price and does not include the local market premium. Both are real numbers; they measure different things, and the difference is explained below.
Sarafa board rates, 25 October 2026, morning:
24K gold: Rs 418,000 to Rs 421,400 per tola. Per 10 grams: Rs 358,370 to Rs 361,289. Per gram: Rs 36,095 to Rs 36,129.
22K gold (the purity most Pakistani jewellery is made in): Rs 383,159 to Rs 386,300 per tola. Per 10 grams: Rs 328,509 to Rs 331,193. Per gram: Rs 33,087 to Rs 33,119.
21K gold: Rs 365,743 to Rs 368,700 per tola. 18K gold: Rs 313,500 to Rs 316,100 per tola.
International spot conversion: converting the London Bullion Market Association spot price of about $3,996.90 per ounce at the prevailing dollar rate gives roughly Rs 414,309 per tola for 24K gold, about 0.71 percent lower than the previous close. This is the wholesale international value before Pakistani import costs, the sarafa market premium (about Rs 2,500 per tola) and dealer margins are added — which is why the board rate is higher.
Why Do Gold Sources Disagree?
Gold has no single price in Pakistan, and the gap between sources is normal, not a mistake. The Karachi Sarafa Bazaar board, published by the All Pakistan Sarafa Gems and Jewellers Association, is a wholesale benchmark set from the international spot price converted at the open-market dollar rate, plus a local premium. Individual jewellers then charge slightly above or below it depending on their own premium, making charges and the city — Lahore, Islamabad, Rawalpindi, Faisalabad, Multan, Peshawar and Sialkot all quote within a few hundred rupees of Karachi. Websites that convert the spot price directly skip the premium, so they show a lower number. Before buying, always ask your jeweller for the day's board rate and confirm the making charges separately, because making charges are never included in the per-tola rate.
Gold Is Down From Its September High
Gold has cooled over the past month. The 30-day high for 24K gold was about Rs 445,236 per tola in late September, against a 30-day low of about Rs 421,010, and the price is down roughly 5 percent over the past 30 days. Today's board rate is effectively unchanged from yesterday — the sarafa board shows no change for 24K gold versus 24 October.
US Dollar to Pakistani Rupee — 25 October 2026
The dollar is steady. The interbank rate — the State Bank of Pakistan's closing rate from Friday 24 October, since banks do not trade on Sunday — is Rs 276.73 per US dollar. Mid-market reference rates from currency trackers sit in a tight range of Rs 276.53 to Rs 276.86 per dollar. The open-market cash rate, the rate exchange companies quote to the public, is higher at about Rs 279.49 per dollar. In practice, banks and remittance apps convert close to the interbank rate, while cash buyers at exchange counters pay the open-market rate — so check which rate your transaction actually uses.
The dollar has barely moved in a week: it is down about 0.09 rupees over seven days and about 0.34 rupees over the past month, a move of roughly 0.1 percent.
Other Currency Rates Today (Mid-Market, 25 October 2026)
One euro: Rs 309.96. One British pound: Rs 370.13. One UAE dirham: Rs 75.35. One Saudi riyal: Rs 73.79. One Qatari riyal: Rs 76.02. One Canadian dollar: Rs 197.60. One Australian dollar: Rs 194.48. One Chinese yuan: Rs 41.40. Open-market cash rates for these currencies are usually a few rupees higher than the mid-market figures above.
What To Check Before You Buy or Sell
Rates move during the day, and the rate you are quoted is the only one that matters. Gold is quoted per tola by sarafa markets and per gram by many online trackers — confirm the unit before comparing two prices, because one tola equals 11.6638 grams. For dollars, confirm whether you are being offered the interbank, mid-market or open-market cash rate, and whether any service fee applies on top. For gold jewellery, confirm the karat (24K is almost pure and mainly used for bars and investment; 22K and 21K are the usual jewellery purities) and get the making charges in writing. Sarafa, bank and dealer rates differ, and the figures in this article are information only — not financial advice.
Rates checked and published: Sunday 25 October 2026, about 10:00 PKT. Sources: All Pakistan Sarafa Gems and Jewellers Association board rates via SarafaGold (board posted 25 October 2026, 05:00 PKT) and PakBiz (updated 25 October 2026, 05:46 PKT); GoldRatesDaily (updated 25 October 2026, 06:10 PKT); GoldRate24 spot conversion (updated 25 October 2026, 01:25 GMT); LBMA spot price $3,996.90 per ounce; State Bank of Pakistan interbank closing rate Rs 276.73; Searchable.pk and ExchangeRate.guru mid-market references. Markets are closed on Sunday; interbank figures are Friday's close and will update when trading resumes on Monday.
Sources: SarafaGold (https://sarafagold.com/), GoldRatesDaily (https://goldratesdaily.com/), PakBiz (https://pakbiz.com/gold-rate/), GoldRate24 (https://www.goldrate24.com/gold-prices/asia/pakistan/tola/), Searchable.pk (https://searchable.pk/data/usd-pkr), ExchangeRate.guru (https://exchangerate.guru/usd/pkr/3/).
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