Introduction:
The gold rates in Pakistan is subject to constant fluctuations, closely tied to the dynamics of the international market. As of Saturday, the price of a single tola (11.66 grams) of 24-karat gold stands at Rs 228,450, while 10 grams of 24k gold is recorded at Rs 195,860. Similarly, 10 grams of 22-karat gold are being traded for Rs 178,593, with a single tola of 22-karat gold selling at Rs 208,311.
These rates are sourced from local gold markets and Sarafa Markets across various cities. It is important to note that these prices are not fixed and are subject to change. Let’s explore the gold price trends in major cities like Lahore, Karachi, and Islamabad.
Gold Price in Pakistan’s Major Cities:
Lahore:
In Lahore, the price of gold per tola (24k) is currently at PKR 228,450, accompanied by PKR 2,605 for silver. The fluctuating gold rates have a direct impact on the local markets, influencing trading and investment decisions.
Karachi:
Similar to Lahore, Karachi is experiencing a gold rate of PKR 228,450 per tola (24k) and PKR 2,605 for silver. The city, known as the financial hub of Pakistan, reflects the overall national trends in the gold market.
Islamabad:
In the capital city, Islamabad, the price of gold remains consistent with Lahore and Karachi, standing at PKR 228,450 for a tola (24k) of gold and PKR 2,605 for silver. The stability of gold rates across major cities highlights the interconnectedness of the market.
Gold Rates in Pakistan: Lahore, Karachi, Islamabad
City | Gold | Silver |
Lahore | PKR 228,450 | PKR 2,605 |
Karachi | PKR 228,450 | PKR 2,605 |
Islamabad | PKR 228,450 | PKR 2,605 |
Peshawar | PKR 228,450 | PKR 2,605 |
Quetta | PKR 228,450 | PKR 2,605 |
Sialkot | PKR 228,450 | PKR 2,605 |
Attock | PKR 228,450 | PKR 2,605 |
Gujranwala | PKR 228,450 | PKR 2,605 |
Jehlum | PKR 228,450 | PKR 2,605 |
Multan | PKR 228,450 | PKR 2,605 |
Bahawalpur | PKR 228,450 | PKR 2,605 |
Gujrat | PKR 228,450 | PKR 2,605 |
Nawabshah | PKR 228,450 | PKR 2,605 |
Chakwal | PKR 228,450 | PKR 2,605 |
Hyderabad | PKR 228,450 | PKR 2,605 |
Nowshehra | PKR 228,450 | PKR 2,605 |
Sargodha | PKR 228,450 | PKR 2,605 |
Faisalabad | PKR 228,450 | PKR 2,605 |
Mirpur | PKR 228,450 | PKR 2,605 |
Impact of International Market:
The gold market in Pakistan is heavily influenced by global factors. Fluctuations in international gold prices, influenced by economic indicators and geopolitical events, directly impact the local market. Investors and traders monitor these trends closely to make informed decisions.
Word of Caution:
It is crucial to keep in mind that the gold market is dynamic, with prices subject to change throughout the day. The rates mentioned above are based on the latest available data; however, it is advisable to consult local gold markets or Sarafa Markets for real-time rates.
Conclusion:
Gold prices in Pakistan remain in constant flux due to the dynamic nature of the international market. As of now, the price of gold per tola (24k) stands at Rs 228,450, while 10 grams of 24k gold is priced at Rs 195,860. The rates for 22k gold are slightly lower, with 10 grams being traded at Rs 178,593 and a single tola priced at Rs 208,311. These rates are subject to change and may differ across cities. Investors and traders must stay updated with the latest gold rates in Pakistan trends to make informed decisions in this volatile market.