The gold rate in Pakistan has always been subject to fluctuations, as it is closely tied to the international market. On Monday, June 19, 2023, the price of a single tola (11.66 grams) of 24-karat gold was being traded at Rs 222,000 in Karachi, the country’s financial hub. In parallel, the price of 22-karat gold was recorded at Rs 202,674 per tola, according to the bullion market.
Gold rate in Pakistan across different cities remain relatively consistent, with Karachi, Lahore, Islamabad, Peshawar, Quetta, Sialkot, Hyderabad, and Faisalabad all reflecting the same rates. These cities show the gold price for a tola of 24-karat gold at PKR 222,000, and the silver price at PKR 2,650.
Let’s take a closer look at the gold rates in Pakistan as of the last update at 10 AM:
| City | Gold | Silver |
| Karachi | PKR 222,000 | PKR 2,650 |
| Lahore | PKR 222,000 | PKR 2,650 |
| Islamabad | PKR 222,000 | PKR 2,650 |
| Peshawar | PKR 222,000 | PKR 2,650 |
| Quetta | PKR 222,000 | PKR 2,650 |
| Sialkot | PKR 222,000 | PKR 2,650 |
| Hyderabad | PKR 222,000 | PKR 2,650 |
| Faisalabad | PKR 222,000 | PKR 2,650 |
The rates provided above are sourced from local gold markets and Sarafa Markets in various cities. It’s essential to note that these rates are subject to change due to fluctuations in the international gold market. Therefore, the price of gold is never fixed and can vary multiple times within a single day.
For a comprehensive understanding of the gold prices in Pakistan, let’s delve into the detailed rates for today:
| Gold Rates | Gold 24K Today | Gold 22K Today |
| Per Tola Gold | PKR 222,000 | PKR 202,674 |
| Per 10Gram Gold | PKR 189,560 | PKR 173,762 |
| Per Gram Gold | PKR 18,956 | PKR 17,376 |
These rates offer a breakdown of the gold prices per tola, per 10 grams, and per gram for both 24-karat and 22-karat gold. They provide individuals with flexibility in understanding and calculating the cost of their desired gold quantity accurately.
As mentioned earlier, the gold market is highly influenced by international factors, such as changes in global demand and supply, geopolitical situations, and economic indicators. These variables contribute to the volatility in gold prices, making it crucial for investors and buyers to stay updated with the latest rates.
Moreover, gold has long been a popular investment option due to its intrinsic value and ability to retain wealth. It is often considered a safe-haven asset, particularly during times of economic uncertainty or market downturns. Individuals who wish to invest in gold or make purchases for personal use can monitor the gold rates and make informed decisions based on their financial goals and market conditions.
In conclusion, the gold prices in Pakistan are subject to frequent fluctuations in response to the international gold market. The rates provided by local gold and Sarafa Markets of different cities serve as a guideline for individuals interested in purchasing or investing in gold. Staying informed about the latest gold rates is essential for making well-informed decisions in this dynamic market.
