Gold Rate in Pakistan
|
GOLD PURITY
|
RATE
|
| Gold 24K per 10 Grams
| Rs. 121,742 |
| Gold 24K per Tola
|
Rs. 142,000
|
| Gold 22K per 10 Grams
|
Rs. 111,597
|
| Gold 22K per Tola
|
Rs. 130,167
|
|
Last Updated: 27 May 2022 (Source:Karachi Saraf)
|
|
International Gold Rates
|
|
Gold 24K Ounce
|
$
1857
|
Gold Rate today in Pakistan's gold market is PKR
121,742 of 10 Grams. Gold is always considered as a precious and most valuable metal among different metals thereby, its significance and importance can’t be neglected.In Pakistan, Gold is widely used for different purposes such as gold jewelry. Today Gold rate in Pakistan for 24k per tola is Rs.
142,000, as per Saraf Jewelers Association. The gold price in Pakistan usually depends on different factors such as USD to PKR rate and fluctuation in international gold market. The purest form of gold is in 24K, whereas it is also available in 22K, 21K, 20K and 18K.
Latest Gold Price in Pakistan
Gold is a word synonym for something pure, exquisite, and expensive. Gold is widely used as jewelry in our subcontinent culture, and its demand rises during wedding seasons. If you are planning to make Gold jewelry, find the latest Gold rates in Pakistan Today by its purity, either 18, 20, 22, or 24 carats.
Gold rates may differ from city to city depending on a variety of factors such as demand, interest rates, state taxes, gold traders, bullion associations, transportation costs, fabricating charges, and so on. Gold is a popular investment tool all over the world, particularly in Pakistan.
What is Gold Rate in Pakistan Today Per Tola?
1 Tola Gold Price in Pakistan is
Rs. 142,000
as latest updated price on 27 May, 2022
How many grams in 22k gold?
The gold price is usually calculated on a fraction basis and for 22 Karat gold it is 22/24. However, the 22k gold possesses 8.33% alloy metal and 91.67% gold. So, a 22K 10gm gold bar has 9.1666 grams gold in the alloy.
The measurement of tola varies in different countries. However, in Pakistan, one tola is equal to 11.663 grams.
The Gold is widely used in Pakistan from several years, many women in Pakistan is likely to used gold as their accessories while other will used it as a viable source of investment. However, if we had talked about Gold Price so the price of gold is accumulated in London Bullion Market and sometimes by IMF, they had the sole authority to set the gold standards and its price.
Apart from that, the rate of gold is not fixed and it is fluctuating from time to time because several factors depend upon it. In Pakistan the Gold Rate Today is always at higher level because Pakistani Rupees is always considered as low currency as compared with other world currencies. Likewise, if we look at Gold Price Pakistan History so Pakistan has never stable rate and the fact is so oblivious Pakistan has faced serious economic crisis and sever inflation.
Besides that, the gold rate is great influence as per some of the determinants which are as follows
Presently the gold price will impact Pakistan and other global markets due to following factors.
• When globally the demand of Gold is high the price will ultimately high.
• When the supply of gold is short from the market because central banks keeps it reserves than price of gold will also high.
• When the interest rate is increase the gold rate also increase
• When dollar is up the gold rate is also up, as they are closely tied with each other.