Under Hanafi fiqh, ALL gold is zakatable including jewelry, whether you wear it regularly or keep it stored.
Zakat IS due on:
- Gold jewelry (worn or stored)
- Gold kept as investment/savings
- Gold bars and coins
Nisab:
- If you hold only gold, the threshold is 87.48 grams.
- If you hold mixed assets (gold + cash/silver/etc.), the lower silver Nisab applies (Hanafi default).
Current gold rate: ₨ 36714/gram
Calculation: Weight × Rate × 2.5%
Figures in PKR at the rate published 16 October 2026, 16:07 UTC.
For your specific situation, please consult a qualified scholar or your local mosque.
And Allah knows best.