Gold rate in Lahore today
The 24K gold rate in Lahore today is Rs 428,413 per tola, Rs 36,730 per gram and Rs 367,301 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 392,712 per tola. Twenty-one karat, common in Gulf-style designs, is Rs 374,861, and 18 karat — the standard for diamond and stone settings — is Rs 321,309. Twenty karat, occasionally quoted for lighter pieces, works out at Rs 357,010 per tola.
Silver in Lahore is trading at Rs 5,910 per tola for 999 fine, or Rs 15,760 per troy ounce.
The Lahore gold market
Lahore is the second bullion market by volume and the first by wedding demand. It runs on two distinct trades that price quite differently: the traditional Sona Bazaar inside the walled city, where buyers come with a weight in mind and negotiate on the tola rate, and the Liberty and Gulberg showrooms, where the conversation is about design and brand. The metal rate is the same in both; the making charge is not.
Where Lahore sits against the rest of Pakistan
Of the 47 Pakistan markets we price, Lahore is currently the 42nd cheapest . It sits Rs 200 per tola above Karachi, the national floor. Bannu, the dearest market, is a further Rs 10 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 Lahore: 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 Lahore: 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 427,943 against Rs 428,882 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 Lahore today, the kat alone is Rs 267,758. Add the spread and you receive roughly Rs 1,872,251 against a headline value of Rs 2,142,063. How the deduction is calculated, and how to negotiate it, is worth reading before you sell anything.
Buying gold in Lahore
Lahore jewellers more often quote making charges as a percentage of metal value rather than a flat rate per gram. That distinction costs you money when gold is high, because the same physical labour is billed at more. On any substantial piece, ask them to convert to a per-gram figure — many will, and it makes two quotes directly comparable.
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 Lahore rates a gram of 24K gold costs about 72× a gram of 999 silver. Silver rates for Lahore are published in full.
Before you buy or sell in Lahore
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.