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Live Gold & Silver Rates

Live international spot prices for gold (XAU/USD) and silver (XAG/USD), updated every 15 minutes from global wholesale markets.

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International market rates can differ from local market rates

The prices shown above are international spot rates from global wholesale markets (London Bullion Market, COMEX). Pakistani jewellery shops and dealers typically charge 2–8% more than spot for 24K gold and 20–40% more after making charges on jewellery. Use these rates as a reference benchmark — not as a final buying or selling price.

  • Import duty & customs add to local cost
  • Making charges on jewellery (8–20%) are separate from metal value
  • Shop margin varies by area and bargaining
  • USD/PKR exchange rate shifts local pricing daily
How to read these prices
What the symbols mean
  • XAU/USD — USD per troy ounce of pure 24K gold (fine gold)
  • XAG/USD — USD per troy ounce of .999 fine silver
Convert to local units
  • 1 troy ounce = 31.1035 g ≈ 2.666 tola
  • 1 tola = 11.6638 g = 0.375 troy oz
  • Per-gram = price ÷ 31.1035 · Per-tola = price ÷ 2.666

?What is the Live Gold & Silver Rates?

This tool displays the live international spot price for gold (XAU/USD) and silver (XAG/USD), fetched from global wholesale markets and refreshed every 15 minutes. The spot price is the benchmark rate used by banks, bullion dealers, and jewellers worldwide — it's the USD cost of one troy ounce of pure metal at the London Bullion Market Association (LBMA) fix and COMEX futures. Important: these international spot rates are NOT the prices you'll see at a Pakistani jewellery shop. Local retail rates add import duties, making charges, shop margins, and reflect the current USD/PKR exchange rate — typically 2–8% higher than spot for 24K gold, and substantially more for jewellery after making charges. Use this page as your daily reference to understand what the 'true' metal price is before bargaining locally.

The Formula

Local PKR per tola ≈ (XAU_USD ÷ 31.1035 × 11.6638) × USD/PKR × (1 + premium%). Premium ranges from ~2% (bullion bars) to 8%+ (24K jewellery before making charges).

Spot price comes in USD per troy ounce. Divide by 31.1035 to get USD per gram; multiply by 11.6638 to get USD per tola. Multiply by the USD/PKR rate for a local PKR figure. Then add the retail premium: pure bullion bars trade near spot (1–2% premium), 24K coin trades at 2–4% premium, 22K jewellery at 5–10% premium plus making charges, 18K jewellery at higher premiums. For raw metal value comparisons, always start from spot — then layer on the local premium after checking multiple shops. Bargaining is effective because the metal value is fixed but the premium is negotiable.

Spot Price Reference — Converting XAU/USD to Per-Gram & Per-Tola

Quick reference showing what a given XAU/USD spot price translates to in USD per gram and per tola of pure 24K gold.

XAU/USD (per ounce)USD per gramUSD per tolaPer tola @ PKR 278/USD
$2,000$64.30$750PKR 208,481
$2,200$70.73$825PKR 229,329
$2,400$77.17$900PKR 250,177
$2,500$80.38$938PKR 260,601
$2,600$83.60$975PKR 271,025
$2,700$86.81$1,013PKR 281,449
$2,800$90.03$1,050PKR 291,873
$2,900$93.24$1,088PKR 302,297
$3,000$96.46$1,125PKR 312,721
$3,500$112.53$1,313PKR 364,842
$4,000$128.60$1,500PKR 416,962

Put It in Perspective

The LBMA gold fix is set twice daily in London (10:30 AM + 3:00 PM GMT) and is the reference price most bullion banks use for contracts — the live feed tracks this closely.

COMEX (CME Group) futures trade 23 hours a day — the spot price you see here is effectively the continuous nearest-month futures quote.

Gold and silver often move together but silver is more volatile; a 1% move in gold can produce a 2–3% move in silver.

During high USD/PKR volatility, local Pakistani rates can decouple from international spot for a few days as importers adjust — always cross-check.

Dubai typically trades 1–3% below Pakistani retail rates due to lower import duties — historically a reason for 'gold shopping' trips, now less profitable after customs enforcement.

Practical Examples

1

If spot XAU/USD = $2,650, then 1 tola of pure 24K gold is worth ~$993 internationally. At USD/PKR = 278, that's PKR 276,054. Local Lahore or Karachi shops typically quote PKR 280,000–290,000/tola for 24K bullion, reflecting the 1–5% premium over spot.

2

Spot XAG/USD = $31 → 1 troy ounce silver = $31 → 1 tola silver (11.66 g) ≈ $11.63 → at PKR 278/USD ≈ PKR 3,233/tola as raw metal value.

3

A 1 troy ounce gold bar (31.1 g) at $2,650 spot and 3% dealer premium = $2,730 = PKR 759,000. Compare against 2–3 dealers for the best quote.

4

When spot XAU/USD crosses $2,700, watch for Pakistani local rates to rise about 2% within 24–48 hours as importers pass through the cost.

5

Making charges on 22K jewellery typically add 8–15% on top of the metal value — so a 10 tola 22K necklace might cost PKR 28,000 (spot) × 10 × 0.9167 (22K) × 1.15 (making) ≈ PKR 294,900 before shop margin.

Frequently Asked Questions

Three main reasons: (1) Import duties and taxes — Pakistan charges import duty, sales tax, and withholding tax on gold imports, raising the cost above spot. (2) Local markup and making charges — shops add a 2–8% premium on raw bullion and 8–20% making charges on jewellery. (3) Exchange rate pass-through — the USD/PKR rate fluctuates daily, and local rates often lag spot by 24–48 hours when the rupee moves. The spot price on this page is the wholesale international benchmark; your local rate is retail.

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