Selling inherited gold in Pakistan from Saudi Arabia

Workers based in Saudi Arabia often cannot travel at short notice, which makes the power of attorney the central document in any inherited-gold sale. Get the authority right first; the valuation is the straightforward part.

Authority before price

An estate sale needs a succession certificate or letters of administration in Pakistan, and a power of attorney if a relative will act for you. A POA executed in Saudi Arabia normally needs attestation by the Saudi Ministry of Foreign Affairs and then the Pakistani mission.

Employer leave cycles make this the realistic route for most Saudi-based heirs. Start the attestation months before you need it.

Valuation

Inherited pieces are typically 21K or 22K. Establish karat and net weight after stones and solder, then apply the board rate for that karat.

Buy-back sits below the board rate. Two written offers, ideally one from a wholesale sarafa dealer, is the cheapest protection.

Protecting yourself at a distance

Ask for the weighing to be done in front of a video call, and for the written sale note to record the board rate, karat, net weight, deductions and final amount.

Have proceeds paid into a bank account, not handed over in cash. That single step is what makes the funds movable later.

Moving the money

Rupee proceeds sent abroad go through the banking channel with proof of source; the sale note and estate documents are the standard evidence.

Saudi Arabia does not tax personal capital gains, but obligations depend on your nationality and residency. Take advice for a significant sum.

Last reviewed 2026-01-15

Frequently asked questions

How do I authorise a relative to sell inherited gold in Pakistan?

With a power of attorney executed in Saudi Arabia and attested through the Saudi MOFA and the Pakistani embassy or consulate.

How long does attestation take?

Plan for several weeks. It is the slowest step in the process and cannot easily be accelerated.

Will the dealer pay today's board rate?

No. Expect a deduction from the board rate as the buy-back margin, plus weight deductions for non-gold components.

Can proceeds be transferred to my Saudi account?

Through the banking channel with documentation showing the source of funds.