Gold rate in Islamabad today
The 24K gold rate in Islamabad today is Rs 424,372 per tola, Rs 36,384 per gram and Rs 363,837 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 389,008 per tola. Twenty-one karat, common in Gulf-style designs, is Rs 371,326, and 18 karat — the standard for diamond and stone settings — is Rs 318,279. Twenty karat, occasionally quoted for lighter pieces, works out at Rs 353,643 per tola.
Silver in Islamabad is trading at Rs 5,853 per tola for 999 fine, or Rs 15,607 per troy ounce.
The Islamabad gold market
Islamabad has the smallest major-city gold trade in Pakistan and almost no wholesale layer — most stock arrives from Rawalpindi and Lahore. The retail trade sits in Blue Area and the sector markets, particularly Jinnah Super. Fewer competing shops means margins stay a little wider than in Pindi twenty minutes away.
Where Islamabad sits against the rest of Pakistan
Of the 47 Pakistan markets we price, Islamabad is currently the 8th cheapest . It sits Rs 100 per tola above Karachi, the national floor. Bannu, the dearest market, is a further Rs 110 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 Islamabad: 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 Islamabad: 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 423,903 against Rs 424,842 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 Islamabad today, the kat alone is Rs 265,233. Add the spread and you receive roughly Rs 1,854,574 against a headline value of Rs 2,121,860. How the deduction is calculated, and how to negotiate it, is worth reading before you sell anything.
Buying gold in Islamabad
What Islamabad does better than most Pakistani markets is paperwork. Proper invoices and purity certificates are the norm rather than something you have to insist on, and that documentation is worth real money when you come to sell — it is the difference between negotiating from evidence and negotiating from the dealer's assessment. If price is the only consideration, Raja Bazaar is a short drive; if you want the receipt, buy here.
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 Islamabad rates a gram of 24K gold costs about 73× a gram of 999 silver. Silver rates for Islamabad are published in full.
Before you buy or sell in Islamabad
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.