Today’s 24-karat Per tola Gold rate in Pakistan was being sold at Rs. 112600. These prices are normally the same all over Pakistan. Moreover, every city Sarafa market decides the current gold price.
Find the table providing the latest gold rates for the cities of Karachi, Lahore, Rawalpindi, Peshawar, Quetta, Faisalabad, Multan, Gujranwala, Sialkot, and Islamabad. Gold rates in Pakistan for 22 carats, 24 carats, 21 carats, and 18 carats are available in the table.
Gold Rate in Pakistan
|Gold Rate||24K Gold||22K Gold||21K Gold||18K Gold|
|per Tola Gold||Rs. 112600||Rs. 103216||Rs. 98525||Rs. 84450|
|per 10 Gram||Rs. 96600||Rs. 88549||Rs. 84525||Rs. 72450|
|per Gram Gold||Rs. 9660||Rs. 8855||Rs. 8453||Rs. 7245|
|per Ounce||Rs. 273900||Rs. 251073||Rs. 239663||Rs. 205425|
Key Factors that Drive the Gold Price
The gold rates in Pakistan are also derived from the overall global demand for gold. Gold is used at very large-scaled in the jewelry making industry. In Asian communities, gold is considered as wealth and does transfer from one generation to the second generation. The gold prices are increased if the global demand is increased. It is observed that when the 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.