Gold rate in Hyderabad today
The 24K gold rate in Hyderabad today is Rs 424,322 per tola, Rs 36,379 per gram and Rs 363,794 per 10 grams. Rates on this page are recalculated throughout the trading day, so the figure you see is the one in force right now.
For jewellery buyers the more relevant grade is 22 karat, currently Rs 388,962 per tola. Twenty-one karat, common in Gulf-style designs, is Rs 371,282, and 18 karat — the standard for diamond and stone settings — is Rs 318,242. Twenty karat, occasionally quoted for lighter pieces, works out at Rs 353,602 per tola.
Silver in Hyderabad is trading at Rs 5,850 per tola for 999 fine, or Rs 15,599 per troy ounce.
The Hyderabad gold market
Hyderabad sits about 150 kilometres from Karachi, and that short haul keeps it among the cheapest markets in Pakistan. Its own speciality is bangle work — the Resham Gali and Shahi Bazaar trade is known across Sindh for it, and the volume of that work supports a deeper craft base than the city's size alone would suggest.
Where Hyderabad sits against the rest of Pakistan
Of the 47 Pakistan markets we price, Hyderabad is currently the 4th cheapest . It sits Rs 50 per tola above Karachi, the national floor. Bannu, the dearest market, is a further Rs 160 above here.
That gap is not a markup anyone chose. The metal costs the same everywhere on earth at any given second — what differs is the cost of getting a physical bar onto a counter in Hyderabad: freight from the point of import, insurance in transit, security and storage, and how many dealers compete locally. The live national ranking shows every market side by side.
Selling gold in Hyderabad: what you actually receive
Two deductions sit between the rate on this page and the money in your hand. The dealer buys at the bidding price rather than the asking price — currently Rs 423,853 against Rs 424,792 per tola — and on finished jewellery the traditional ratti masha kat takes a minimum of 12.5% off the weight before any rate is applied at all.
On a five tola set in Hyderabad today, the kat alone is Rs 265,201. Add the spread and you receive roughly Rs 1,854,355 against a headline value of Rs 2,121,610. How the deduction is calculated, and how to negotiate it, is worth reading before you sell anything.
Buying gold in Hyderabad
On bangles specifically, both weight and making charge are genuinely negotiable here because the local supply is large. Have the piece weighed in front of you and get the weight written on the invoice — with hollow and semi-hollow bangle work, the gap between gross and gold weight is where disputes start at resale.
Whatever else you do, get four figures separately before agreeing anything: the metal rate for the exact karat you are buying, the making charge, the wastage percentage, and the tax. With those four, two shops become directly comparable. With a single all-in price, they cannot be — and a shop unwilling to break it down has told you something about the price.
One more local reference point: at current Hyderabad rates a gram of 24K gold costs about 73× a gram of 999 silver. Silver rates for Hyderabad are published in full.
Before you buy or sell in Hyderabad
These cost people more money than the rate itself does, and each is worth two minutes:
- Never agree a weight without checking the unit. A tola is 11.6638 grams, not 12 — the difference is about 2.9% on every single quote.
- Know what a sale actually pays before you walk in. Ratti masha kat takes a minimum 12.5% off the weight of finished jewellery, on top of the bid/ask spread.
- Making charges, not the gold rate, are what differ between shops. How they are calculated, and why a low charge with high wastage can cost more than the reverse.
- Check the karat before you check the price. What the stamps guarantee and which tests actually prove anything — the magnet test only works in one direction.
- Understand where the number comes from. The full chain from dollar spot to the board outside your jeweller, with today's live figures at each step.