Gold rate in Mirpur today
The 24K gold rate in Mirpur today is Rs 469,839 per tola, Rs 40,282 per gram and Rs 402,818 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 430,686 per tola. Twenty-one karat, common in Gulf-style designs, is Rs 411,109, and 18 karat — the standard for diamond and stone settings — is Rs 352,379. Twenty karat, occasionally quoted for lighter pieces, works out at Rs 391,532 per tola.
Silver in Mirpur is trading at Rs 7,178 per tola for 999 fine, or Rs 19,140 per troy ounce.
The Mirpur gold market
Mirpur's gold market is shaped almost entirely by its diaspora. The city has one of the strongest UK links of any settlement in the region, and buying patterns follow visits home and remittance flows rather than the local agricultural or wedding calendar. Demand spikes around summer and December when families return.
Where Mirpur sits against the rest of Pakistan
Of the 47 Pakistan markets we price, Mirpur is currently the 44th 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 Mirpur: 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 Mirpur: 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 469,369 against Rs 470,308 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 Mirpur today, the kat alone is Rs 293,649. Add the spread and you receive roughly Rs 2,053,490 against a headline value of Rs 2,349,193. How the deduction is calculated, and how to negotiate it, is worth reading before you sell anything.
Buying gold in Mirpur
Shops here are accustomed to buyers comparing against UK prices and will engage with that conversation directly. Two things worth confirming: whether the piece carries any hallmark that will be recognised abroad, and what the shop's buy-back position is — a purchase intended to be sold in another country is a different decision from one intended to stay.
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 Mirpur rates a gram of 24K gold costs about 65× a gram of 999 silver.
Before you buy or sell in Mirpur
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.