Gold Rate in Pakistan Today

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As of today, the rate of 24-karat gold per tola in Pakistan is Rs. 213,200, as reported by various sources in the bullion market in cities such as Karachi and Multan. Note that when you search for ‘gold price in Pakistan today per tola’, you will see a different price every day. This is due to price fluctuations in gold prices that happen every day. This unexpectedly skyrocketed price has been due to the dollar cap removal, which caused the dollar rate to soar to a record-high price.

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It should be noted that gold prices tend to be consistent throughout the country, with only slight variations between cities. Additionally, it is essential to note that the cost of gold in Pakistan is subject to frequent changes and this information is updated regularly.

 

Gold Rate in Pakistan Today Rs. 213200

The following table shows the latest gold rate in Pakistan:

 

Pakistani City24k Per Tola24k 10g24k per 1 Gram22k 10g
Karachi21320016478316478176183
Lahore21320016478316478176183
Islamabad21320016478316478176183
Rawalpindi21320016478316478176183
Faisalabad21320016478316478176183
Multan21320016478316478176183
Peshawar21320016478316478176183
Sialkot21320016478316478176183
 (Source: Karachi Saraf Jewellers Association)

Historical Gold Rate in Pakistan

 

DATEPRICE 10-GRAMPRICE 1-TOLA
13-May-20196044270500
14-May-20196061470700
16-May-20196147171700
17-May-20196181472100
23-May-20196112871300
25-May-20195975769700
29-May-20195981469800
31-May-20196001470000
4-June-20196147171700
11-June-20196190072200
13-June-20196275773200
14-June-20196507075900
21-June-20196695878100
24-June-20196802978350
25-June-20196901680500
27-June-20196987281500
28-June-20196824479600
29-June-20196738778600
2-July-20196670177800
3-July-20196704478200
4-July-20196618677200
8-July-20196743078650
12-July-20197030282000
15-July-20197080082600
16-July-20197158783500
17-July-20197084282650
18-July-20197143583400
19-July-20197201684000
22-July-20197191483900
25-July-20197236084400
29-July-20197235984400
31-July-20197201684000
5-August-20197201684000
6-August-20197244484500
7-August-20197394586250
10-August-20197488887350
16-August-20197570388300
19-August-20197543988000
23-August-20197467487100
29-August-20197699089800
2-Sep-20197699089500
4-Sep-20197630389000
20-Sep-20197467487100
26-Sep-20197587488500
4-Oct-20197523187750
11-Oct-20197424586600
28-Oct-20197544688000
22-Dec-20197343185650
3-January-20207686089650

Past Week History of Gold Rate in Pakistan

The gold has seen many fluctuations in the previous week as a result of both domestic and international trends and events. The market has been affected by a variety of factors, including changes in the international gold market, economic conditions, and political stability.

Let’s take a look at how the gold rate has changed over the past week and what factors have influenced these changes.

 

Date24k Per Tola24k 10g18k Tola21k Tola
15-Feb-2023192200164783144150168175
14-Feb-2023195900167956146925171413
13-Feb-2023197600169413148200172900
11-Feb-2023197400169242148050172725
10-Feb-2023198000169756148500173250

 


 

Top Questions related to Gold Rates in Pakistan:

 

What is the current gold rate in Pakistan?

The current gold rate in Pakistan varies daily and is influenced by various factors such as global market trends and currency exchange rates. You can check the latest gold rate in Pakistan by visiting a trusted financial news website or by contacting a local gold dealer.

 

What is the average gold price in Pakistan?

The average gold price in Pakistan can be affected by several factors, including global market trends, economic conditions, and currency exchange rates. It is recommended to check the latest gold rate in Pakistan regularly to get an up-to-date estimate of the average price.

 

What is the gold rate today in Pakistan?

The gold rate in Pakistan changes every day. You can check the latest gold rate today in Pakistan by visiting a trusted financial news website or by contacting a local gold dealer.

 

How can I check the gold rate in Pakistan today?

You can check the latest gold rate in Pakistan today by visiting a trusted financial news website or by contacting a local gold dealer.

 

What are the factors that affect the gold rate?

The gold rate in Pakistan can be affected by various factors such as global market trends, economic conditions, and currency exchange rates. Political stability, supply and demand, and inflation can also impact the gold rate in the country.

 


Factors Affecting Gold Rate in Pakistan

Several key factors can affect gold rates in Pakistan, including:

 

International Gold Market Prices

The global price of gold is determined by supply and demand, as well as economic and political factors such as interest rates and currency exchange rates.

For example, when interest rates are low, gold tends to be more attractive to investors as it offers a higher return than cash. Similarly, when the value of a currency is declining, gold can be a safe option for investors as it preserves their purchasing power.

 

Inflation

Inflation can lead to an increase in the price of gold as investors look for ways to protect their assets from the devaluation of the currency.

When the prices of goods and services rise, the purchasing power of money decreases. As a result, people tend to buy more gold as a hedge against inflation.

 

Economic Condition

 

Infograph showing uprising gold rates

 

Economic conditions, such as GDP growth, unemployment, and government spending, can also affect gold rates. A strong economy can lead to increased demand for gold as investors have more disposable income, while a weak economy can lead to decreased demand. Similarly, government spending can also affect gold rates as it can lead to inflation or currency devaluation.

 

Political Stability

Political instability in a country can lead to increased demand for gold as a safe investment option. In times of uncertainty, people tend to buy more gold to protect their assets from potential risks such as currency devaluation or inflation.

 

Supply and Demand

The availability and demand of gold can also affect the price, with higher demand and lower supply leading to higher prices. The price of gold fluctuates based on how much gold is mined, recycled, and sold.  When demand is high and supply is low, the price of gold increases, and when supply is high and demand is low the price decreases.

 

Import and Export Duties

Government policies on import and export duty can also play a role in determining the gold rates in Pakistan. If the government increases import duty, the price of gold in Pakistan will increase as it becomes more expensive to import gold into the country. Similarly, if the government decreases import duty, the price of gold in Pakistan will decrease as it becomes cheaper to import gold into the country.

 

Jewellers’ Margin

This factor also plays a role in determining the gold rates in Pakistan. Jewellers usually increase the gold rate when the demand is high or when the gold rate is increasing in the international market.

 

Local Market Factors

Local market factors can also affect the gold rates in Pakistan. If the demand for gold is high in Pakistan and the supply is low, the price of gold in Pakistan will increase.

 

Seasonal Factors

Gold demand also increases during the wedding season and Eid events, as it is a traditional gift and is used as a form of savings. This leads to an increase in the price of gold during these periods.

It is important to note that these factors are interrelated and can affect each other. For example, if the global price of gold increases, it can lead to an increase in inflation, which can lead to an increase in demand for gold.

It is also important to note that the above list is not exhaustive; other factors may also play a role in determining gold rates in Pakistan.

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