One tola of 24K gold costs PKR 503,800 today. Almost nobody has that sitting spare, which is why buying gold a month at a time is now the normal way in rather than the poor relation.
What is a gold committee?
A gold committee is a savings plan with a metal at the end of it. You commit to a fixed monthly amount for a set number of months, and when the last instalment clears you receive a physical gold coin of an agreed weight.
It is not a loan and nothing is advanced to you. You are buying a specific weight of gold and paying for it over time instead of in one go.
How does the price lock work?
The price lock is the part that does the real work, and it is the part people ask about least.
Your rate is fixed when the committee starts and the first instalment is paid. From then on your monthly figure does not move, whatever the market does.
| What happens to the rate | What happens to your bill |
|---|---|
| Gold rallies after you start | Nothing. You pay the locked price |
| Gold falls after you start | Nothing. You pay the locked price |
| Gold moves while you are still deciding | Everything — the lock only applies once you have started |
Three ways to buy gold over time
Not every instalment route gets you the same thing, and the differences are mostly about what you can prove.
| Route | What you get | The catch |
|---|---|---|
| Jeweller’s own scheme | Usually credit against jewellery | Rarely documented; making charges of 8-15% are added at the end |
| Informal committee, then buy | Cash in your payout month | You still face the rate on the day you buy, whatever it has done meanwhile |
| Gold committee | A fixed weight of 24K, price locked | You must hold the instalment for the full term |
The middle row is the one people miss. Running a cash committee and buying gold with the payout is a perfectly reasonable plan, but it leaves you exposed to ten months of rate movement. A gold plan removes that variable by pricing the metal up front.
What Oraan Gold actually offers
Oraan Gold runs as a committee over 6, 8 or 10 months, with instalments starting from PKR 6,350 a month.
- Sizes — 1 gram, 2.5 grams, 5 grams and 1 tola coins
- Purity — 24K, ARY-certified, with a QR code confirming authenticity, weight and quality
- Delivery — free and insured, to your address, after the final instalment
- Price — locked when the plan starts and the first instalment is paid
- Interest — none; Oraan is not a lender and nothing is advanced to you
- Multiple plans — you can hold more than one at a time
What to check before you commit
Ask any provider — Oraan included — the same five questions.
- What weight do I receive, and in what purity? A plan quoted only in rupees is not a gold plan.
- Is the price locked, and locked from when? From application or from first payment are different things.
- What does a missed instalment cost? On Oraan Gold it is PKR 1,000 per miss.
- What does cancelling cost? Oraan’s fee runs from 8% of what you have paid early on to 20% once you are past 81% complete.
- Who certifies the gold? ARY certification with a QR code is checkable. A verbal assurance is not.
Oraan Tech Pvt Ltd is an SECP registered company, NTN 5039622-0, operating since 2018. Oraan Committees carry a Shariah certificate from Safwah Shariah Advisory with Mufti Usama Ehsan.
Gold rates are as of 13 September 2026 and move daily — see today’s rate for the live figure. Plan durations, sizes and fees are as published on /buy-gold; confirm your own instalment and coin weight before you commit.
