Platinum Price per Unit in Pakistan#
Platinum trades in Pakistan by the gram, the tola and the 10-gram unit, the same weights local bullion markets use for gold and silver. The table below lists five common weights with their exact gram and troy-ounce equivalents.
| Weight | Grams | Troy ounces | Price in PKR (live) | Price in USD (live) |
|---|---|---|---|---|
| 1 gram | 1 | 0.0321507466 | PKR 15,233.82 | $55.01 |
| 10 grams | 10 | 0.321507466 | PKR 152,338.16 | $550.10 |
| 1 tola | 11.6638038 | 0.375 | PKR 177,684.24 | $641.63 |
| 1 troy ounce | 31.1034768 | 1 | PKR 473,824.63 | $1,711.00 |
| 1 kilogram | 1,000 | 32.1507466 | PKR 15,233,815.68 | $55,009.93 |
Larger weights scale in a straight line: 2 kilograms cost twice the kilogram row. The platinum price per gram underlies every row above, and platinum price per gram today shows it in other currencies; the kilogram rate alone is tracked on platinum price per kilogram today. A troy ounce converter turns any of these weights, including the tola, into troy ounces.
How the Pakistan Platinum Price Is Calculated#
The platinum price in Pakistan is the dollar spot price converted to rupees per gram, plus a dealer premium that the jeweler or bullion dealer sets. The formula below builds the rupee rate from symbols; its only numbers are exact constants.
Landed metal cost per gram (PKR) ≈ (S ÷ 31.1034768) × FX
S = USD spot price per troy ounce; FX = Pakistani rupees per US dollar
Retail rate = landed cost + dealer premium (varies by dealer and city)
Illustrative only (not today's price): if USD spot = $X per troy ounce and
FX = Y PKR per US dollar, then landed cost per gram = (X / 31.1034768) x Y,
plus a dealer premium P per gram.
Dividing by 31.1034768, the exact number of grams in a troy ounce, turns the ounce price into a gram price before the exchange rate applies. That dollar figure is the same over-the-counter spot quote shown on platinum price today, itself benchmarked against the LBMA Platinum Price auction explained on LBMA platinum price.
What Moves the Platinum Price in Pakistan#
Three factors move the platinum price in Pakistan: the US dollar spot price, the US dollar to Pakistani rupee exchange rate, and the dealer premium each bullion dealer or jeweler adds.
- US dollar spot price: the base figure; the World Platinum Investment Council (WPIC) forecasts a 265,000-ounce global platinum surplus for 2026 in its Platinum Quarterly of 9 September 2026, after a 2025 deficit of over 1.4 million ounces.
- USD/PKR exchange rate: a weaker rupee raises the Pakistani rupee price even when the dollar price is unchanged, on the same platinum price today basis this page converts.
- Dealer premium: bullion dealers and jewelers add their own margin over the converted spot rate, which varies by dealer and city.
What drives the platinum price in dollars, from mine supply to automotive demand, reaches Pakistan through the first factor; see what drives the platinum price and the fuller supply-demand picture on platinum group metals market.
The Tola as a Trading Unit in Pakistan#
Pakistan's bullion trade uses the tola as a customary unit, equal to exactly 11.6638038 grams, or 3/8 of a troy ounce, fixed by Regulation VII of 1833 (Wikipedia). The All Pakistan Gems and Jewellers Sarafa Association (APGJSA) announces its daily benchmark gold and silver rate per tola and per 10 grams, according to Business Recorder, the same two units the table above lists for platinum alongside the gram, troy ounce and kilogram.
The Pakistan Platinum Benchmark Rate#
No association publishes a dedicated local platinum benchmark rate for Pakistan, unlike gold and silver. The All Pakistan Gems and Jewellers Sarafa Association (APGJSA), a Karachi-based body, announces Pakistan's daily gold and silver rate per tola and per 10 grams, which local sarafa (bullion) markets follow, according to Business Recorder; platinum is instead priced by individual jewelers off the international spot rate plus a local premium. The two facts behind this page's units and benchmark are summarized below.
| Attribute | Value | Basis | As of | Source |
|---|---|---|---|---|
| Local benchmark | None published for platinum; gold and silver rate set daily per tola and 10 grams | Market convention | 2026-09-24 | Business Recorder |
| Trading unit (tola) | 11.6638038 grams, exactly 3/8 troy ounce | Regulation VII of 1833 | Fixed, exact | Wikipedia, Tola (unit) |
Where Platinum Is Bought and Sold in Pakistan#
Platinum in Pakistan is sold by jewelers and bullion dealers, who price it off the international spot rate rather than a published local benchmark. The two main physical forms are listed below.
- Jewelry: priced by weight at the jeweler's rate per gram or tola, plus a making charge.
- Bars and coins: from bullion dealers, the same channels used for gold; sizes and routes are compared on investing in platinum and how to buy platinum.
Platinum's resale value is paid on its platinum content, the same rule refiners use worldwide; how assay and refining charges set that value is explained on scrap platinum price, and the platinum value calculator turns a weight into a spot value.
Platinum vs Gold Price in Pakistan Today#
Gram for gram, platinum in Pakistan is priced against gold on the same USD benchmark and FX basis, not a fixed ratio. Platinum costs 41.4%% of the gold price in Pakistan today, PKR 15,233.82 against PKR 36,821.14 per gram at converted spot.
| Measure | Platinum | Gold |
|---|---|---|
| Price per gram, converted spot (live) | PKR 15,233.82 | PKR 36,821.14 |
| Local benchmark association | None confirmed (APGJSA covers gold and silver only) | APGJSA daily rate |
| Traditional trading units | Tola, 10 grams | Tola, 10 grams |
Platinum has traded below gold continuously since 2015 (metalcharts.org), the year of the diesel emissions scandal that BullionVault identifies as the turning point: "since the 2015 diesel scandal, platinum's price has trailed that of gold." The discount reached its widest on 16 April 2025, when gold cost 3.45 times as much as platinum (GuruFocus). The wider comparison of rarity, value and investment is on platinum vs gold.
Other PGMs Priced in Pakistan#
Pakistan does not yet have dedicated price pages for the other five platinum group metals. Related platinum price pages in nearby and connected markets are linked instead: platinum price in India today, platinum price in the UK today and platinum price in South Africa today.
Platinum Price History and Outlook#
Platinum's longer price history and forecasts for Pakistan context sit on their own pages, not on this one. History, forecast, chart and futures pages are listed below.
- History: platinum price history
- Forecast: platinum price forecast
- Chart: platinum price chart
- Futures: NYMEX platinum futures
Platinum Price in Pakistan FAQ#
What is the price of 1 tola platinum in Pakistan?#
One tola of platinum (11.6638038 grams) costs PKR 177,684.24 in Pakistan today at the converted spot rate, before any dealer premium. The tola row in the unit table above lists it alongside the gram, 10 grams, troy ounce and kilogram.
Is platinum expensive than 24k gold?#
No: platinum is not measured in karats, so it cannot be compared directly with 24k gold; its purity is written in parts per thousand instead, such as Pt950. Gram for gram, platinum has cost less than gold since 2015 (metalcharts.org).
Is platinum expensive than gold in Pakistan?#
No: today one gram of platinum costs PKR 15,233.82 against PKR 36,821.14 for gold in Pakistan, on the same converted spot basis, and platinum has cost less than gold every year since 2015.
What is the cost of 1g of platinum?#
One gram of platinum costs PKR 15,233.82 in Pakistan today at the converted spot rate, or $55.01 in US dollars, before any dealer premium a jeweler or bullion dealer adds.
Is platinum cheaper than gold?#
Yes: platinum has traded below gold continuously since 2015 (metalcharts.org), after the diesel emissions scandal cut demand for platinum in autocatalysts, according to BullionVault. The discount reached its widest on 16 April 2025, when gold cost 3.45 times as much as platinum (GuruFocus).
How much is 2 kg of platinum?#
Two kilograms of platinum cost twice the kilogram rate: 2 x PKR 15,233,815.68, before any dealer premium. The kilogram row in the unit table above shows the single-kilogram rate.