Gold rate in Sialkot today
The 24K gold rate in Sialkot today is Rs 464,049 per tola, Rs 39,785 per gram and Rs 397,854 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 425,378 per tola. Twenty-one karat, common in Gulf-style designs, is Rs 406,043, and 18 karat — the standard for diamond and stone settings — is Rs 348,037. Twenty karat, occasionally quoted for lighter pieces, works out at Rs 386,707 per tola.
Silver in Sialkot is trading at Rs 7,218 per tola for 999 fine, or Rs 19,248 per troy ounce.
The Sialkot gold market
Sialkot's sports goods and surgical instrument exports give it one of the highest per-head incomes in Punjab, and its gold demand reflects that — steadier through the year than markets that depend purely on the local wedding calendar, with a noticeable overseas remittance component.
Where Sialkot sits against the rest of Pakistan
Of the 47 Pakistan markets we price, Sialkot is currently the 28th cheapest . It sits Rs 140 per tola above Karachi, the national floor. Bannu, the dearest market, is a further Rs 70 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 Sialkot: 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 Sialkot: 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 463,580 against Rs 464,519 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 Sialkot today, the kat alone is Rs 290,031. Add the spread and you receive roughly Rs 2,028,160 against a headline value of Rs 2,320,245. How the deduction is calculated, and how to negotiate it, is worth reading before you sell anything.
Buying gold in Sialkot
The export economy means more buyers here are comparing against Gulf prices, and shops are used to that conversation. If you are weighing a purchase in Sialkot against one in Dubai or Jeddah, compare the metal rate and the making charge — Gulf making charges on plain work are often lower, but the Pakistani rate is not the disadvantage people assume.
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 Sialkot rates a gram of 24K gold costs about 64× a gram of 999 silver.
Before you buy or sell in Sialkot
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.