Karachi, the financial backbone of Pakistan, serves as the primary hub for the country’s bullion trade. Whether you are an investor looking to hedge against inflation or a family preparing for the wedding season, staying updated with the Gold Rate in Karachi is essential.
As of February 8, 2026, gold prices in Karachi have witnessed a significant rebound following a volatile week in the global market.
Today’s Gold Price in Karachi (February 10, 2026)
The rates in Karachi are primarily determined by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), located in the heart of the city’s historic Sarafa Bazar.
| Gold Purity | Price per Tola | Price per 10 Grams |
| 24K Gold | Rs. 519,462 | Rs. 445,354 |
| 22K Gold | Rs. 476,173 | Rs. 408,241 |
| 21K Gold | Rs. 454,529 | Rs. 389,685 |
| 18K Gold | Rs. 389,597 | Rs. 334,016 |
Market Alert: Today, the price of 24K gold per tola in Karachi jumped by Rs. 11,700, recovering from a sharp dip seen earlier this week.
Why Karachi is the Center of Gold Trading in Pakistan
Karachi is home to the largest and oldest bullion markets in the country. The Karachi Sarafa Bazar sets the “benchmarking rate” that most other cities, including Lahore and Islamabad, follow.
The city’s proximity to the port and its status as a commercial giant make it the first point of entry for legal gold imports, ensuring that the liquidity and variety of designs available here are unmatched.
Gold Markets in Karachi:
- Saddar Sarafa Bazar: The ultimate destination for wholesale and retail jewelry.
- Tariq Road & Gulf Cliff: Popular for modern and contemporary jewelry designs.
- Liaquatabad & Nazimabad: Known for traditional craftsmanship and competitive labor (making) charges.
Factors Influencing Gold Rates in Karachi
If you are tracking the Gold Rate in Karachi, it is important to understand why the price changes almost every day at 2:00 PM PKT:
- International Spot Price: Since Pakistan imports its gold, any fluctuation in the global market (measured in USD per ounce) directly hits Karachi’s local rates.
- USD to PKR Exchange Rate: Even if global gold prices stay stable, a weakening Pakistani Rupee makes gold more expensive in Karachi.
- Geopolitical Tensions: Recent incidents in the Arabian Sea and global economic uncertainty have pushed investors toward gold as a “Safe Haven,” driving up demand.
- Local Demand: During the “Shadi Season” (wedding season), the demand for jewelry in Karachi spikes, often leading to higher premiums charged by local jewelers.
24K vs. 22K Gold: Which One Should You Buy?
In Karachi, buyers usually choose based on their purpose:
- For Investment: Choose 24K Gold. It is 99.9% pure and offers the highest resale value with minimal “making charges” if bought in the form of bars or biscuits.
- For Jewelry: Choose 22K Gold. Pure gold is too soft for intricate designs, so it is mixed with alloys (copper/zinc) to give it strength. 22K is the standard for high-end Pakistani jewelry.
Buying Tips for Karachi Residents
- Check the “Kanta” (Weight): Always ensure the jeweler weighs the gold in front of you. 1 Tola = 11.66 grams.
- Ask for a Receipt: Never buy gold without a formal receipt that mentions the purity (Karat), weight, and today’s rate.
- Negotiate Making Charges: While the gold rate is fixed, the “making charges” (Ujrat) are negotiable. In Karachi’s competitive markets like Saddar, you can often save thousands by bargaining on these labor costs.
Conclusion
The Gold Rate in Karachi remains the most influential financial indicator for the bullion market in Pakistan. With the current surge to Rs. 519,462 per tola, the market remains bullish but volatile. We recommend buyers to monitor the rates daily on Mobitech.pk to catch the best price “dips.”