Karachi, Pakistan – On Saturday, July 1, 2023, the gold rate in the country remained stable, with the price of a single tola (11.66 grams) of 24-karat gold trading at Rs 216,100. The bullion market also reported the price of 22-karat gold at Rs 198,090 per tola. This stability in gold prices brought relief to investors and customers across various cities in Pakistan.
Cities across Pakistan, including Karachi, Lahore, Islamabad, Peshawar, Quetta, Sialkot, Hyderabad, and Faisalabad, witnessed similar gold rates. The price of gold in these cities remained consistent, with each tola of gold trading at PKR 216,100, while the price of silver stood at PKR 2,650.
Detailed Gold Rates Across Major Cities:
Karachi: Gold (24K): PKR 216,100 Silver: PKR 2,650
Lahore: Gold (24K): PKR 216,100 Silver: PKR 2,650
Islamabad: Gold (24K): PKR 216,100 Silver: PKR 2,650
Peshawar: Gold (24K): PKR 216,100 Silver: PKR 2,650
Quetta: Gold (24K): PKR 216,100 Silver: PKR 2,650
Sialkot: Gold (24K): PKR 216,100 Silver: PKR 2,650
Hyderabad: Gold (24K): PKR 216,100 Silver: PKR 2,650
Faisalabad: Gold (24K): PKR 216,100 Silver: PKR 2,650
Gold Price in Pakistan’s Different Cities: Latest Update as of 9 AM
| City | Gold | Silver |
| Karachi | PKR 216,100 | PKR 2,650 |
| Lahore | PKR 216,100 | PKR 2,650 |
| Islamabad | PKR 216,100 | PKR 2,650 |
| Peshawar | PKR 216,100 | PKR 2,650 |
| Quetta | PKR 216,100 | PKR 2,650 |
| Sialkot | PKR 216,100 | PKR 2,650 |
| Hyderabad | PKR 216,100 | PKR 2,650 |
| Faisalabad | PKR 216,100 | PKR 2,650 |
| Gold Rates | Gold 24K Today | Gold 22K Today |
| Per Tola Gold | PKR 216,100 | PKR 198.090 |
| Per 10Gram Gold | PKR 185,270 | PKR 169,830 |
| Per Gram Gold | PKR 18,527 | PKR 16,983 |
Moreover, the rates of gold for different measurements were also disclosed. For every 10 grams of gold, the price for 24-karat gold stood at PKR 185,270, while the rate for 22-karat gold was PKR 169,830. The price per gram for 24-karat gold was recorded at PKR 18,527, and for 22-karat gold, it stood at PKR 16,983.
It is essential to note that gold prices in Pakistan are subject to fluctuations based on the international market. Therefore, the rates are not fixed and may change multiple times within a given period. The prices mentioned above are provided by local gold markets and Sarafa Markets across various cities in Pakistan.
Gold has always been considered a valuable investment and a hedge against inflation. Its price is influenced by several factors, including international market trends, supply and demand dynamics, geopolitical developments, and economic indicators. Investors and individuals interested in purchasing gold closely monitor these factors to make informed decisions.
The stability in gold prices witnessed on July 1, 2023, offers a favorable environment for both buyers and sellers in the gold market. With consistent rates across major cities in Pakistan, customers can plan their purchases accordingly. Investors can take advantage of this stability and assess the market conditions to determine the right time for gold transactions.
In conclusion, the gold rate in Pakistan showed stability on July 1, 2023, with the price of 24-karat gold remaining at Rs 216,100 per tola. This stability was observed across various cities in Pakistan, including Karachi, Lahore, Islamabad, Peshawar, Quetta, Sialkot, Hyderabad, and Faisalabad. The rates provided are subject to change due to fluctuations in the international market. Investors and customers are advised to stay updated with the latest market trends to make informed decisions regarding gold purchases.
