Gold Rate in Pakistan Today: Rs 438,636 a Tola, Down Rs 3,000 on 1 October
Gold opens 2 October 2026 in Pakistan at Rs 438,636 a tola and Rs 376,059 per 10 grams, after a Rs 3,000 fall on 1 October. See 22K, silver and the week.
The gold rate in Pakistan going into Friday 2 October 2026 is Rs 438,636 per tola for 24 karat and Rs 376,059 per 10 grams. That is the All Pakistan Sarafa Gems and Jewellers Association rate set on Thursday 1 October, after a fall of Rs 3,000 a tola.
So treat Rs 438,636 as the rate gold opens with on Friday, not a new Friday price. The association sets its rate once a day, usually in the afternoon. Until then, any site that shows a "2 October" figure is showing Thursday's number or a guess.
We could not read the rate at source. The association has no website we could find, the same problem we noted on 16, 25, 26 September and 1 October. Every rate below is the association's figure as reported. We checked that two reports agree and that the daily changes add up.
The gold rate in Pakistan is Rs 438,636 a tola going into 2 October
Gold is Rs 438,636 per tola and Rs 376,059 per 10 grams for 24 karat, the association rate set on 1 October 2026. Silver is Rs 6,528 a tola, down Rs 50. International gold was reported at about 4,161 dollars an ounce, down 30.
| Rate | Set on 1 October | Basis |
|---|---|---|
| 24K gold per tola | Rs 438,636, down Rs 3,000 | Association rate, reported |
| 24K gold per 10 grams | Rs 376,059, down Rs 2,572 | Association rate, reported |
| 22K gold per tola | About Rs 402,083 | Our arithmetic, 22 parts in 24 |
| 22K gold per 10 grams | About Rs 344,721 | Our arithmetic, 22 parts in 24 |
| 21K gold per tola | About Rs 383,807 | Our arithmetic, 21 parts in 24 |
| Silver per tola | Rs 6,528, down Rs 50 | Association rate, reported |
| International gold | About 4,161 dollars an ounce, down 30 | Reported |
The 22 and 21 karat figures are simple fractions of the 24 karat rate. On 30 September the association's own 22 karat figure for 10 grams was about Rs 13 higher than the same sum gave, so expect small gaps of that size. A gram of 24 karat works out at about Rs 37,606.
These are metal prices. A jeweller adds making charges and a margin on top. The tola and karat arithmetic behind every rate list is the one we used here.
Gold gave back most of Wednesday's rise on Thursday
Gold rose Rs 4,300 a tola on Wednesday 30 September, then fell Rs 3,000 on Thursday 1 October. It is now Rs 1,300 above the September low of Rs 437,336. Since Saturday 26 September it is down Rs 12,300, about 2.7 per cent.
- 26 September: Rs 450,936 a tola, the rate in our Saturday report.
- 28 September: down Rs 12,800 to Rs 438,136, with the ounce falling sharply.
- 29 September: down Rs 800 to Rs 437,336, the lowest rate in September.
- 30 September: up Rs 4,300 to Rs 441,636, the rate in our 1 October report.
- 1 October: down Rs 3,000 to Rs 438,636, with the ounce down about 30 dollars.
Those four changes add up to minus Rs 12,300. That matches the gap between Rs 450,936 and Rs 438,636 exactly. The 10 gram rate also adds up: Rs 378,631 less Rs 2,572 is Rs 376,059.
Gold is Rs 27,500 a tola below its 1 September rate
Gold started September at Rs 466,136 a tola. At Rs 438,636 it is now Rs 27,500 lower, about 5.9 per cent, by our arithmetic. Most of that fall came in the last two weeks, after a Rs 7,900 rise in mid September.
| Compared with | Rate then | Change to Rs 438,636 |
|---|---|---|
| 1 September 2026 | Rs 466,136 | Down Rs 27,500, about 5.9 per cent |
| Before the 21 September session | Rs 460,236 | Down Rs 21,600, about 4.7 per cent |
| 26 September | Rs 450,936 | Down Rs 12,300, about 2.7 per cent |
| 29 September, the month's low | Rs 437,336 | Up Rs 1,300 |
| 30 September | Rs 441,636 | Down Rs 3,000 |
The fall that began on 21 September has now run for close to two weeks. Wednesday's rise did not last a day. That is not proof the fall will go on, and nobody can tell you Friday's rate before the session.
The ounce price drove Thursday's fall, not the rupee
The Pakistani rate follows the international ounce price turned into rupees per tola. The ounce fell from about 4,191 dollars on 30 September to about 4,161 on 1 October, and the local rate fell with it. The rupee figure behind the rate stayed close to Rs 281.
A tola is 0.375 of an ounce. At 4,161 dollars, a tola of gold is worth about 1,560 dollars. Divide Rs 438,636 by that and you get about Rs 281 per dollar. We found the same figure on 26 September and again on 1 October.
That Rs 281 is our own sum, not an exchange rate you can trade at. It only shows that the local rate is tracking the ounce. A move of 30 dollars an ounce is worth roughly Rs 3,000 a tola at this rupee rate.
Buyers should wait for the day's rate and compare making charges
If you are buying on Friday, ask the shop which day's rate it is using. Before the afternoon session, a fair answer is Thursday's Rs 438,636. After the session, it should be Friday's new rate, which may be higher or lower.
- Note the association rate and the date it was set.
- Ask for the gold rate and the making charge as two separate figures.
- Check the karat stamp. 916 means 22 karat and 875 means 21 karat.
- Get the weight, karat, rate and making charge written on the receipt.
- If you are selling, ask for the shop's buying rate first. It is lower than the association rate.
The receipt also matters for tax. The sales tax on gold jewellery is 3 per cent of the sale value, and a proper bill shows what you paid. Rate websites can show old numbers under today's date, and in August we found three different prices within minutes.
Common questions
What is the gold rate in Pakistan on 2 October 2026?
Going into Friday's session, Rs 438,636 per tola and Rs 376,059 per 10 grams for 24 karat. That rate was set on 1 October.
How much did gold fall on 1 October 2026?
Rs 3,000 a tola and Rs 2,572 per 10 grams, as the association reported. The ounce fell about 30 dollars.
What is the 22 karat gold rate today?
About Rs 402,083 a tola and about Rs 344,721 per 10 grams, by our arithmetic from the 24 karat rate.
What is the silver rate today?
Rs 6,528 a tola, down Rs 50, as set on 1 October.
When is the new gold rate announced each day?
The association usually sets its rate in the afternoon. Reports in the morning repeat the previous day's figure.
How we verified this
What we checked, where we read it, and what we could not confirm.
Last checked at about 10:45pm PKT on 1 October 2026, after Thursday's session. Gold rates change every session, so check the day's rate before you buy or sell.
We could not read the All Pakistan Sarafa Gems and Jewellers Association rate at source, because we found no website for it. The 1 October tola, 10 gram and silver rates are the association's figures as reported that afternoon, and two reports agree on each. The ounce prices are reported. The 26 to 30 September and 1 September rates are from our earlier reports. The 22 and 21 karat rates, the per gram rate, the changes over the week and month and the implied rupee per dollar figure are our own arithmetic.
About the author
Tax, Bills and Technology Writer
Ali Akhtar is a young and curious voice here at Pakistan Era. He is currently pursuing his A-Levels and has a growing interest in Pakistan’s changing industrial landscape and educational trends. Ali likes to write in a way that helps him explain and explore the world around him. His writing reflects the perspective of the new generation navigating the evolving trends of Pakistan where technology, youth innovation, and shifting opportunities are reshaping the country’s future.
