Today gold rate in Karachi (21 March 2026) stands at Rs. 499,462 per tola for 24K gold , set by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) following a sharp Rs. 24,300 per tola decline on March 20, 2026. The drop was triggered by a historic crash in global gold prices , spot gold fell nearly 4% to $4,629.29 per ounce, its lowest level since early February, as international markets saw panic selling linked to profit-taking and geopolitical uncertainty. Whether you are buying jewellery in Jodia Bazaar, investing in gold bars, or tracking Karachi Sarafa rates , this live, fully updated guide covers every karat, every unit, and everything you need to know right now.
Today Gold Rate in Karachi – 21 March 2026 (All Karats)
Rates sourced directly from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) and Karachi Sarafa Association , the official rate-setting bodies for Pakistan’s gold market. APGJSA releases official rates at around 1 PM from Monday to Saturday.
| Gold Karat | Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) | Per Ounce (PKR) |
| 24 Karat (999) | 99.9% | Rs. 499,462 | Rs. 428,208 | Rs. 42,821 | Rs. 1,328,530 |
| 22 Karat (916) | 91.67% | Rs. 457,841 | Rs. 392,524 | Rs. 39,252 | Rs. 1,217,810 |
| 21 Karat (875) | 87.5% | Rs. 437,029 | Rs. 374,682 | Rs. 37,468 | Rs. 1,162,464 |
| 18 Karat (750) | 75.0% | Rs. 374,597 | Rs. 321,156 | Rs. 32,116 | Rs. 996,398 |
| 14 Karat (583) | 58.3% | Rs. 291,076 | Rs. 249,479 | Rs. 24,948 | Rs. 773,833 |
| 12 Karat (500) | 50.0% | Rs. 249,731 | Rs. 214,104 | Rs. 21,410 | Rs. 664,265 |
Source: APGJSA & Karachi Sarafa Association , 21 March 2026. Rates updated once or multiple times daily depending on international market movement.
Karachi Gold Rate vs Other Major Cities – 21 March 2026
Gold rate in Karachi per tola (24K) is Rs. 498,200 (bidding) and Rs. 498,300 (asking), while Lahore shows Rs. 498,350 bidding and Rs. 498,450 asking, and Islamabad shows Rs. 498,500 bidding and Rs. 498,600 asking, with Quetta at Rs. 498,800 bidding and Rs. 498,900 asking.
| City | 24K Bidding (PKR/Tola) | 24K Asking (PKR/Tola) | Difference vs Karachi |
| Karachi | Rs. 498,200 | Rs. 498,300 | , (Base Rate) |
| Lahore | Rs. 498,350 | Rs. 498,450 | +Rs. 150 |
| Islamabad | Rs. 498,500 | Rs. 498,600 | +Rs. 300 |
| Rawalpindi | Rs. 498,500 | Rs. 498,600 | +Rs. 300 |
| Quetta | Rs. 498,800 | Rs. 498,900 | +Rs. 600 |
| Faisalabad | Rs. 498,400 | Rs. 498,500 | +Rs. 200 |
| Multan | Rs. 498,450 | Rs. 498,550 | +Rs. 250 |
| Peshawar | Rs. 498,600 | Rs. 498,700 | +Rs. 400 |
Karachi consistently has Pakistan’s lowest gold rates because Karachi Sarafa Bazaar is the country’s largest gold trading hub with the highest liquidity , and the Karachi Sarafa Association sets the national benchmark rate followed by all other cities.
Why Did Karachi Gold Rate Fall Sharply? (Latest Update)
In the domestic market, the price of gold per tola dropped by Rs24,300 to settle at Rs499,462, according to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The sharp decline comes a day after gold prices remained unchanged at Rs523,762 per tola on Wednesday, indicating heightened volatility in the local bullion market.
Three major forces drove this dramatic decline:
- 🔴 Global spot gold crashed nearly 4% , spot gold fell nearly 4% to $4,629.29 per ounce by late Thursday morning trading, marking its lowest level since early February, according to Reuters. Meanwhile, US gold futures for April delivery dropped 5.4% to $4,632.40 per ounce.
- 🔴 Iran-UAE conflict disrupted Dubai bullion market , UAE is one of the world’s biggest gold trading and re-export hubs; supply disruptions from conflict sent prices spiralling
- 🔴 Profit-taking by large investors , after gold reached all-time highs of over Rs. 523,762 per tola in Pakistan, institutional investors began selling positions aggressively
Silver prices also followed the downward trend on Thursday, decreasing by Rs760 to Rs7,734 per tola.
Gold Rate History in Karachi – Recent Sessions
| Date | 24K Per Tola (PKR) | Change | Key Event |
| 21 March 2026 | Rs. 499,462 | Eid weekend , market monitoring | Sarafa Closed (Eid ul Fitr) |
| 20 March 2026 | Rs. 499,462 | ▼ Rs. 24,300 | Global crash, Iran-UAE conflict |
| 19 March 2026 | Rs. 523,762 | Unchanged | Pre-crash stability |
| 18 March 2026 | Rs. 523,762 | Unchanged | International plateau |
| January 29, 2026 | Rs. 490,000+ | All-time high that month | Record bull run |
| March 21, 2025 | ~Rs. 230,000 | , | Year-ago comparison |
Year-on-year performance: Gold has risen +52.7% in the past 1 year and +116.75% over 2 years in Pakistan. Karachi gold investors have more than doubled their money in 24 months , making gold the best-performing asset class in Pakistan by a significant margin.
International Gold Rate Today – 21 March 2026
| Metric | Rate |
| Spot Gold (Global) | $4,629.29 – $4,767 per ounce |
| US Gold Futures (April) | $4,632.40 per ounce |
| Gold Per Ounce in PKR | Rs. 1,300,348 – Rs. 1,328,530 |
| Silver Per Tola (Karachi) | Rs. 7,283 |
| Silver Per Gram (Pakistan) | Rs. 624 |
| Silver Per Ounce (Global) | ~$78 USD |
Note: Silver per tola rate in Pakistan on 21 March 2026 is Rs. 7,283 as per the Pakistan Sarafa Market, with per gram silver at Rs. 624. Silver has seen a steeper percentage decline than gold this week.
24K vs 22K vs 18K Gold in Karachi – Which Should You Buy?
Karachi’s Jodia Bazaar and Sarafa Bazaar sell all karats , but choosing the right one depends entirely on your purpose:
| Karat | Purity | Best For | Today’s Karachi Rate (Per Tola) |
| 24K (999) | 99.9% pure | Investment, gold bars, coins | Rs. 499,462 |
| 22K (916) | 91.67% pure | Traditional bridal jewellery, bangles, chains | Rs. 457,841 |
| 21K (875) | 87.5% pure | Everyday wear jewellery | Rs. 437,029 |
| 18K (750) | 75.0% pure | Diamond-set rings, intricate designs | Rs. 374,597 |
| 14K (583) | 58.3% pure | Western-style jewellery, lightweight designs | Rs. 291,076 |
Buying guide for Karachi shoppers:
- ✅ Buy 24K if you want pure investment gold , bars and coins from ARY Jewellers or Karachi Sarafa Bazaar
- ✅ Buy 22K for bridal sets , best resale value and most widely bought/sold in Pakistan’s secondary market
- ✅ Buy 18K for gemstone-set pieces , harder alloy grips stones better than 22K
- ❌ Avoid 12K and below for investment purposes , too much alloy, poor resale value in Pakistani markets
Gold Price Per Gram in Karachi Today – Quick Reference
Many buyers in Karachi , especially first-time buyers , purchase in grams rather than tolas. Here are today’s per-gram rates:
| Karat | Per Gram (PKR) | Per 5 Grams (PKR) | Per 10 Grams (PKR) |
| 24K | Rs. 42,821 | Rs. 214,105 | Rs. 428,208 |
| 22K | Rs. 39,252 | Rs. 196,260 | Rs. 392,524 |
| 21K | Rs. 37,468 | Rs. 187,340 | Rs. 374,682 |
| 18K | Rs. 32,116 | Rs. 160,580 | Rs. 321,156 |
Important: Always ask for making charges (Ujrat) separately. In Karachi’s Sarafa Bazaar, making charges range from Rs. 400–Rs. 2,500+ per gram depending on design complexity. Plain chains and bangles have lower making charges than hand-crafted bridal sets.
Where to Buy Gold in Karachi – Trusted Markets & Areas
Karachi has Pakistan’s most active gold market. Here are the best places to buy authentic, hallmarked gold:
| Market / Area | Type | What They Sell Best |
| Jodia Bazaar (Sarafa Bazaar) | Wholesale & Retail | Gold bars, bullion, all karats |
| Zamzama, DHA | Premium Retail | Branded jewellery, 18K–22K designs |
| ARY Jewellers | Trusted Chain | Gold coins, 24K bars, certified jewellery |
| Tariq Road | Mid-Market Retail | Wedding sets, everyday jewellery |
| Hyderi Market, North Karachi | Affordable Retail | 21K and 22K jewellery, good prices |
| Clifton & Saddar | Heritage Markets | Traditional designs, antique gold pieces |
Always verify before buying in Karachi:
- ✅ Ask for hallmark stamp (KDA or BIS equivalent marking on the piece)
- ✅ Weigh in front of you on a calibrated scale , never accept pre-weighed items
- ✅ Get a net weight receipt showing gold weight separate from stone weight
- ✅ Confirm the buyback policy , reputable Sarafa dealers offer 100% buyback at current day’s rate minus making charges
- ❌ Avoid roadside sellers in areas outside certified Sarafa Bazaar
Is Now a Good Time to Buy Gold in Karachi? (March 2026 Analysis)
This is the most searched question right now , and the answer depends on your goal:
For investors: Today’s Rs. 24,300 per tola drop from Rs. 523,762 to Rs. 499,462 is a notable correction , but not a trend reversal. Gold has risen +52.7% over the past year and +116.75% over 2 years in Pakistan. Many analysts view sharp single-day drops as buying opportunities in a long-term bull market. However, with global geopolitical tension remaining unpredictable, spreading purchases across multiple sessions is the safest strategy.
For jewellery buyers: A Rs. 24,300 drop per tola means a 3-tola bridal set is now Rs. 72,900 cheaper than it was on Wednesday. If you were planning a purchase, this week’s correction offers a genuine saving opportunity.
For short-term traders: Gold’s 52.7% annual return shows the long-term trend is strong. But with the Iran-UAE conflict creating extreme volatility, short-term trading in the Karachi Sarafa market carries higher-than-normal risk right now.
Gold Calculator – Quick Tola to Gram Conversion (Karachi)
One tola = 11.664 grams. Use this reference for quick calculations:
| Gold Amount | Weight (Grams) | 24K Value (PKR) | 22K Value (PKR) |
| 1 Tola | 11.664g | Rs. 499,462 | Rs. 457,841 |
| 0.5 Tola | 5.832g | Rs. 249,731 | Rs. 228,921 |
| 2 Tola | 23.328g | Rs. 998,924 | Rs. 915,682 |
| 5 Tola | 58.32g | Rs. 2,497,310 | Rs. 2,289,205 |
| 10 Grams | 10g | Rs. 428,208 | Rs. 392,524 |
| 1 Gram | 1g | Rs. 42,821 | Rs. 39,252 |
Silver Rate in Karachi Today – 21 March 2026
The current silver rate in Pakistan on 21 March 2026 is Rs. 7,283 per tola and Rs. 624 per gram, as per the Pakistan Sarafa Market.
| Silver Unit | Rate (PKR) |
| Per Tola | Rs. 7,283 |
| Per Gram | Rs. 624 |
| Per 10 Grams | Rs. 6,240 |
| Per Ounce (global) | ~$78 USD |
Silver has seen an even sharper percentage correction than gold this week , falling Rs. 760–Rs. 1,251 per tola over two sessions, a drop of nearly 10% from recent highs.
Frequently Asked Questions (FAQs)
Q: What is the gold rate in Karachi today on 21 March 2026? The 24K gold rate in Karachi today is Rs. 499,462 per tola and Rs. 428,208 per 10 grams, as officially released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Note: Sarafa Bazaar may be closed today due to Eid ul Fitr , official rates are those from March 20, 2026.
Q: Why did the gold rate fall so sharply in Karachi this week? The drop was driven by a global crash , spot gold fell nearly 4% to $4,629.29 per ounce, its lowest level since early February. Iran-UAE conflict disrupted Dubai’s bullion market, and large investors sold positions after gold hit recent all-time highs near Rs. 523,762 per tola.
Q: What is 22K gold rate per tola in Karachi today? The 22K gold rate per tola in Karachi today is Rs. 457,841. The 22K per gram rate is Rs. 39,252. This is the most popular karat for jewellery purchases in Karachi’s Sarafa Bazaar.
Q: What is the gold rate per gram in Karachi today? The 24K gold rate per gram in Karachi today is Rs. 42,821. The 22K per gram rate is Rs. 39,252 and the 18K rate is Rs. 32,116.
Q: Where is gold cheapest in Pakistan , Karachi or Lahore? Karachi consistently has the lowest gold rates in Pakistan because its Sarafa Bazaar is the highest-volume trading market, setting the national benchmark. Lahore is Rs. 150 higher, and Islamabad/Rawalpindi are Rs. 300 higher per tola compared to Karachi.
Q: What is the silver rate in Karachi today? Silver per tola in Karachi today is Rs. 7,283 and per gram is Rs. 624 , a significant drop from recent highs due to the broader precious metals sell-off.
Q: Has the gold price gone up or down in Karachi in 2026? Gold has seen massive gains in 2026 overall. Gold is up +52.7% over the past 1 year and +116.75% over 2 years in Pakistan. The recent Rs. 24,300 per tola drop is a correction within a broader long-term uptrend.
Q: How do I check today’s official Karachi gold rate? Check the official rates at gold.pk (Karachi Sarafa Association data), hamariweb.com/finance/gold_rate, or urdupoint.com/business/gold-rates.html. Rates are typically published by APGJSA at around 1 PM daily from Monday to Saturday.
Final Thoughts
Today’s gold rate in Karachi , Rs. 499,462 per tola (24K) , represents a significant but not unusual correction in what has been a historic bull run for Pakistani gold. With gold up 52.7% in one year and 116.75% in two years, the long-term story remains powerfully bullish. For jewellery buyers, this week’s drop of Rs. 24,300 per tola is a real saving opportunity , particularly ahead of post-Eid shopping season. For investors, every correction in a long-term bull market has historically been absorbed. Always buy from certified Karachi Sarafa Bazaar dealers, verify hallmarks, and get a proper net-weight receipt for every purchase.
Official Rate Sources:
- APGJSA: All-Pakistan Gems and Jewellers Sarafa Association (official rate-setter)
- gold.pk , Karachi Sarafa Association live rates
- hamariweb.com/finance/gold_rate , daily updated, multiple karats
- sarafa.pk , live Karachi Sarafa market tracker
Meta Description: Today gold rate in Karachi (21 March 2026): 24K is Rs. 499,462 per tola after a Rs. 24,300 drop. Check 22K, 21K, 18K rates per gram, city-wise comparison, silver rate, gold price history, and whether now is the right time to buy gold in Karachi’s Sarafa Bazaar.
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