How the Gold Rate Is Calculated (Step by Step)
Local gold rate = international spot price (USD per troy ounce) ÷ 31.1035 × USD exchange rate × karat purity × unit weight, plus any local premium, duty or deal…
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Everything you need to understand gold prices — from how the daily rate is calculated to choosing a karat, checking purity and paying zakat.
Last updated · How we calculate
Local gold rate = international spot price (USD per troy ounce) ÷ 31.1035 × USD exchange rate × karat purity × unit weight, plus any local premium, duty or deal…
One tola equals 11.6638 grams. It is the traditional South Asian unit for gold, divided into 12 masha or 96 ratti.…
24K gold is 99.9% pure and used for bars and coins; 22K (91.6%) is the standard for jewellery in Pakistan and India; 21K (87.5%) is popular in the Gulf; 18K (75…
916 means 91.6% pure, i.e. 22-karat gold. A hallmark stamp shows the fineness number (999, 916, 875, 750) and, where regulated, the assay office and jeweller ma…
Making charges are the jeweller's labour fee added on top of the gold value, charged either per gram/tola or as a percentage (commonly 5–25% depending on design…
Zakat is 2.5% of zakatable wealth held for one lunar year above the nisab. The nisab is 87.48 g (7.5 tola) of gold or 612.36 g (52.5 tola) of silver — today abo…
Gold prices move mainly on US interest rates, the US dollar, inflation, central-bank buying, geopolitical risk, local currency exchange rates and seasonal jewel…
Gold is the steadier store of value; silver is cheaper and more volatile with heavy industrial demand. The gold/silver ratio — currently about 74 — shows how ma…
Dubai gold prices track international spot closely because the dirham is pegged to the dollar. Shops add making charges and 5% VAT; tourists can reclaim VAT on …
When you sell old jewellery, the buyer pays for pure gold content only — weight × purity × today's rate — minus a deduction (often a few percent) for melting an…
Gold is weighed in grams worldwide, tola (11.6638 g) in South Asia and the Gulf, troy ounces (31.1035 g) on international markets, and vori (≈11.664 g, same as …
No one can time gold perfectly. Buying gradually (e.g. monthly) smooths out price swings, and price alerts help you buy on dips instead of chasing peaks.…
Silver (chandi) is priced like gold: spot price per ounce × exchange rate × purity. 999 is fine silver, 925 is sterling silver (92.5%), used for jewellery.…
Pakistan's gold rate has risen over the long term because both the international gold price and the US dollar against the rupee have increased. Our history page…