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Gold Rate in Karachi, Pakistan on, 30th March 2022

Web Desk by Web Desk
March 30, 2022
in Finance, Gold
Today Gold Rate in Pakistan

Today Gold Rate in Pakistan

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Gold Rate in Karachi today on 30 March 2022 is being sold for Rs.112,740 per 10 grams, and the price of Gold is Rs131,500 per tola in Pakistan today.

Gold Rate In Karachi Today

Karachi is the main hub of the gold market, in Pakistan, Karachi is leading for the gold price, every city follows Karachi Sarafa Bazar Association for the gold price, Today gold rates for different cities including Karachi, Lahore, Islamabad, Peshawar, and Quetta are the same.

Today’s latest gold prices in Pakistan for 22 carats, 24 carats, 21 carats, and 18 carats are available on the table.

Gold Rate In Karachi, Pakistan 30 March 2022

GOLD RATE SOURCE: (KARACHI SARAF)
Gold 24k Per Tola Rs131,500
Gold 24k Per 10 Gram Rs112,740
Gold 22k Per 10 Gram Rs103,345
Gold 22k per tola Rs120,542

Key Factors that Drive the Gold Price

Overall global demand for gold; derives the gold rate in Pakistan. The jewelry-making industry uses gold on a very large scale. In Asian communities, gold is considered wealth and transfers from one generation to the second generation. The gold prices are increased if the global demand is increased. When interest rates are low; the gold rates go high because of the low opportunity cost involved with precious metals like gold. At the time of high inflation rates, creditors start losing money so they are more inclined to buy or hold more gold. The fluctuation in the USD also drives the gold price and is directly linked if the USD goes up, the gold price also sees hikes.

Check the latest Gold prices in Pakistan updated on financeupdates.net. The standards of gold rates are accumulated in London Bullion Market and sometimes by IMF as they have the sole authority.

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