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Live international spot prices for gold (XAU/USD) and silver (XAG/USD), updated every 15 minutes from global wholesale markets.
Gold & Silver
Generated on May 23, 2026
The prices shown above are international spot rates from global wholesale markets (London Bullion Market, COMEX). Pakistani jewellery shops and dealers typically charge 2–8% more than spot for 24K gold and 20–40% more after making charges on jewellery. Use these rates as a reference benchmark — not as a final buying or selling price.
Live international spot prices for gold (XAU/USD) and silver (XAG/USD), updated every 15 minutes from global wholesale markets.
This tool displays the live international spot price for gold (XAU/USD) and silver (XAG/USD), fetched from global wholesale markets and refreshed every 15 minutes. The spot price is the benchmark rate used by banks, bullion dealers, and jewellers worldwide — it's the USD cost of one troy ounce of pure metal at the London Bullion Market Association (LBMA) fix and COMEX futures. Important: these international spot rates are NOT the prices you'll see at a Pakistani jewellery shop.
Formula
Local PKR per tola ≈ (XAU_USD ÷ 31.1035 × 11.6638) × USD/PKR × (1 + premium%). Premium ranges from ~2% (bullion bars) to 8%+ (24K jewellery before making charges).If you've ever walked into Sarafa Bazar in Lahore or Karachi's Saddar gold market and watched a shop owner glance at his phone before quoting you a rate, this is what he's looking at — the international spot price (XAU/USD), the rupee-dollar interbank rate, and his own desired margin on top. The number you see on a jeweller's chalkboard isn't pulled from thin air; it's the LBMA London fix translated into PKR per tola plus 2-8% local premium plus making charges if it's jewellery. What most retail buyers don't realise is that this benchmark rate moves every few seconds during London and New York trading hours, but Pakistani local rates often lag by 24-48 hours when the rupee swings. That gap is exactly where smart buyers and sellers find their edge — when international spot drops 2% overnight but your local shop hasn't updated, you've got a small window. This page shows the live wholesale benchmark that drives every retail rate from Quetta to Dubai. Bookmark it, refresh it before any significant gold transaction, and use it as the floor for every negotiation.
This tool displays the live international spot price for gold (XAU/USD) and silver (XAG/USD), fetched from global wholesale markets and refreshed every 15 minutes. The spot price is the benchmark rate used by banks, bullion dealers, and jewellers worldwide — it's the USD cost of one troy ounce of pure metal at the London Bullion Market Association (LBMA) fix and COMEX futures. Important: these international spot rates are NOT the prices you'll see at a Pakistani jewellery shop. Local retail rates add import duties, making charges, shop margins, and reflect the current USD/PKR exchange rate — typically 2–8% higher than spot for 24K gold, and substantially more for jewellery after making charges. Use this page as your daily reference to understand what the 'true' metal price is before bargaining locally.
Spot price comes in USD per troy ounce. Divide by 31.1035 to get USD per gram; multiply by 11.6638 to get USD per tola. Multiply by the USD/PKR rate for a local PKR figure. Then add the retail premium: pure bullion bars trade near spot (1–2% premium), 24K coin trades at 2–4% premium, 22K jewellery at 5–10% premium plus making charges, 18K jewellery at higher premiums. For raw metal value comparisons, always start from spot — then layer on the local premium after checking multiple shops. Bargaining is effective because the metal value is fixed but the premium is negotiable.
Quick reference showing what a given XAU/USD spot price translates to in USD per gram and per tola of pure 24K gold.
| XAU/USD (per ounce) | USD per gram | USD per tola | Per tola @ PKR 278/USD |
|---|---|---|---|
| $2,000 | $64.30 | $750 | PKR 208,481 |
| $2,200 | $70.73 | $825 | PKR 229,329 |
| $2,400 | $77.17 | $900 | PKR 250,177 |
| $2,500 | $80.38 | $938 | PKR 260,601 |
| $2,600 | $83.60 | $975 | PKR 271,025 |
| $2,700 | $86.81 | $1,013 | PKR 281,449 |
| $2,800 | $90.03 | $1,050 | PKR 291,873 |
| $2,900 | $93.24 | $1,088 | PKR 302,297 |
| $3,000 | $96.46 | $1,125 | PKR 312,721 |
| $3,500 | $112.53 | $1,313 | PKR 364,842 |
| $4,000 | $128.60 | $1,500 | PKR 416,962 |
The LBMA gold fix is set twice daily in London (10:30 AM + 3:00 PM GMT) and is the reference price most bullion banks use for contracts — the live feed tracks this closely.
COMEX (CME Group) futures trade 23 hours a day — the spot price you see here is effectively the continuous nearest-month futures quote.
Gold and silver often move together but silver is more volatile; a 1% move in gold can produce a 2–3% move in silver.
During high USD/PKR volatility, local Pakistani rates can decouple from international spot for a few days as importers adjust — always cross-check.
Dubai typically trades 1–3% below Pakistani retail rates due to lower import duties — historically a reason for 'gold shopping' trips, now less profitable after customs enforcement.
If spot XAU/USD = $2,650, then 1 tola of pure 24K gold is worth ~$993 internationally. At USD/PKR = 278, that's PKR 276,054. Local Lahore or Karachi shops typically quote PKR 280,000–290,000/tola for 24K bullion, reflecting the 1–5% premium over spot.
Spot XAG/USD = $31 → 1 troy ounce silver = $31 → 1 tola silver (11.66 g) ≈ $11.63 → at PKR 278/USD ≈ PKR 3,233/tola as raw metal value.
A 1 troy ounce gold bar (31.1 g) at $2,650 spot and 3% dealer premium = $2,730 = PKR 759,000. Compare against 2–3 dealers for the best quote.
When spot XAU/USD crosses $2,700, watch for Pakistani local rates to rise about 2% within 24–48 hours as importers pass through the cost.
Making charges on 22K jewellery typically add 8–15% on top of the metal value — so a 10 tola 22K necklace might cost PKR 28,000 (spot) × 10 × 0.9167 (22K) × 1.15 (making) ≈ PKR 294,900 before shop margin.
Jump to a ready-made conversion — useful for quick reference and sharing:
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