Pakistan · PKR · Tuesday, March 5, 2024
Gold Price in Pakistan — March 5, 2024
On March 5, 2024, gold in Pakistan closed at approximately Rs599,130 per troy ounce — about Rs224,677 per tola or Rs19,262 per gram. The figure is computed from the verified international XAU/USD spot price ($2,141.88/oz) × the day's PKR/USD exchange rate.
PKR / Troy Ounce
Rs599,130
31.1035 g
PKR / Gram
Rs19,262
1 g
PKR / Tola
Rs224,677
11.664 g
All unit prices on March 5, 2024 — Pakistan
| Unit | Weight | PKR price |
|---|---|---|
| Troy ounce | 31.1035 g | Rs599,130 |
| Gram | 1.0000 g | Rs19,262 |
| 10 grams | 10 g | Rs192,625 |
| Kilogram | 1,000 g | Rs19,262,457 |
| Tola | 11.664 g | Rs224,677 |
Karat-purity breakdown — March 5, 2024
| Karat | Per gram | Per 10g | Per tola |
|---|---|---|---|
| 24KPAKISTAN STD | Rs19,243 | Rs192,432 | Rs224,453 |
| 22K | Rs17,644 | Rs176,444 | Rs205,804 |
| 21K | Rs16,855 | Rs168,546 | Rs196,593 |
| 18K | Rs14,447 | Rs144,468 | Rs168,508 |
| 14K | Rs11,269 | Rs112,685 | Rs131,436 |
| 10K | Rs8,032 | Rs80,324 | Rs93,690 |
Surrounding ±15 trading days — PKR
Price action on March 5, 2024
1-day move
vs prior session
7-day move
rolling week
30-day move
rolling month
YTD
since 1 Jan 2024
Calendar position
Day 65 of 366
Trading day
56th of 314
Position in 2024's range
18% (low $1,996.16 → high $2,790.17)
The Pakistan gold market
Pakistan's retail gold trade is dominated by the All Pakistan Sarafa Gemmi & Jewellery Association (APSGJA). The standard quoted unit is the tola (11.664 g) and 24-karat purity. Local prices typically sit a few percent above international spot due to import duties, sales tax (currently 17%), and dealer making charges (3–8%). The State Bank of Pakistan periodically auctions gold reserves which can cause short-term price action divergent from international spot.
Standard quote unit
tola
Common purity
24K
Currency
PKR (Rs)
March 5 in other years — Pakistan
March 5, 2024 gold price in other countries
How this March 5, 2024 Pakistan price is calculated
International benchmark. The XAU/USD spot price for March 5, 2024 comes from gold-api.com's historical archive — the London PM-fix benchmark, which is the reference used by central banks and bullion dealers globally. On this date, that price was $2,141.88/oz.
Currency conversion. The PKR/USD exchange rate for the same date comes from exchangerate-api.com. We apply that day's exact rate (279.7215) to the USD price — not a year-average or month-end approximation. This makes the Rs figure on this page accurate to the trading session.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417). We never compound rounding errors by going through intermediate units.
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Pakistan, add the country-specific levies described in the “Pakistan gold market” section above. The retail rate at a jeweller in Pakistan on March 5, 2024 would have been a few percent above this number once those costs are included.
FAQ — Pakistan gold price on March 5, 2024
What was the gold price in Pakistan on March 5, 2024?
On March 5, 2024 (Tuesday), gold in Pakistan traded at approximately Rs599,130 per troy ounce. That works out to about Rs19,262 per gram, Rs224,677 per tola, and Rs192,625 per 10 grams. The figure is derived from international XAU/USD spot of $2,141.88/oz × the day's PKR/USD exchange rate of 279.7215.
What was the 24K gold rate per tola in Pakistan on March 5, 2024?
The 24K gold rate per tola in Pakistan on March 5, 2024 was approximately Rs224,453 (99.9% pure metal value). This excludes local taxes, dealer making charges and any country-specific levies — those add on top to produce the final retail rate.
What was the 24K gold rate in Pakistan on March 5, 2024?
Pakistan's most-quoted retail standard is 24K per tola. On March 5, 2024, that pure-metal value was approximately Rs224,453. Add country-specific taxes and making charges (see the market-context section above) for the final retail rate.
How accurate is this number versus what jewellers were quoting?
The Rs figure on this page is the verified international XAU/USD spot price for March 5, 2024 multiplied by the day's exchange rate. It represents the pure metal value at international parity — what a London-fix benchmark would have implied. Local jewellers add (1) import duties + sales tax / VAT, (2) dealer making charges (typically 3–12% of metal value), and (3) any premium for purity certification. Final retail rates in Pakistan typically sit a few percent above this number.
Was March 5, 2024 a trading day?
Yes — March 5, 2024 was the 56th trading session of 314 for 2024 on the international gold market. Tuesdays are typically active trading days unless they fall on a major holiday.
Want today's rate in Pakistan? See live gold prices in Pakistan with minute-by-minute updates and full karat breakdowns. To compare this archive figure against the live rate, that's where to go.
Different unit on this same date? The USD-only daily archive for March 5, 2024 includes per-day prices in 100+ other currencies and is the canonical reference page for this date.
Browse the archive. Step through every day of March 2024 in Pakistan, see the full 2024 archive, or use our tola, gram and karat calculators for live calculations against today's rate.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested date, converted to PKR at the same day's exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Pakistan before transacting.