Gold rate today in Punjab
The 24 carat gold rate in Punjab is Rs 464,562 per tola and Rs 39,829 per gram at the state benchmark. 22 carat, the grade most jewellery is made from, is Rs 425,849 per tola.
The Punjab gold market
Lahore anchors the provincial trade, with Faisalabad, Gujranwala, Sialkot, Multan and Rawalpindi supporting substantial markets of their own. Premiums over the Karachi floor cover transport, insurance and security across that distance.
The wedding season dominates, with Eid producing the second peak. Punjab's agricultural cycle also lifts rural demand after harvest.
The spread across Punjab
Right now the gap between the cheapest and dearest market in Punjab is Rs 100 per tola — Rawalpindi at the bottom, Lahore at the top. On a typical 5 tola purchase that is a difference of about Rs 500, which is real money but rarely worth travelling for once fuel and time are counted.
The metal itself costs the same everywhere on earth at any given second. What varies within Punjab is freight from the point of import, how many dealers compete in each town, the cost of holding stock, and when local wedding and festival demand peaks — which is not simultaneous across a state.
Buying gold in Punjab
Ratti Masha Kat applies on all finished jewellery resale here. Ask for the deduction in writing before agreeing a sale price.
Beyond that, the same four questions apply anywhere: the metal rate for the exact karat, the making charge, the wastage percentage, and the tax — each as its own number. A single all-in price cannot be compared against anything.
The background, in one place
- How gold rates are decided — spot, exchange rate, import parity and premium, with live numbers at each step.
- 22K vs 24K — every lower grade is a fixed fraction of the 24 carat price, and the guide shows the arithmetic.
- Is 1 tola 12 grams? and ratti masha kat — the weight conventions that cost the most money when misunderstood.
- Making charges and wastage — where two quotes on the same rate actually diverge.
- Verifying a hallmark — what the stamps guarantee, and what they do not.