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Wednesday, May 8, 2024

Current Gold Prices in Pakistan

Current Gold Prices in Pakistan

Today, on Wednesday, 8 May, 2024, in Pakistan, the price for the highest quality gold, which is 24 karat, has reached PKR 235,200 for each tola. If you’re looking for something a bit more affordable, the price for 22 karat gold, which is slightly less pure, is PKR 185,156. These prices are the latest updates and come from the reliable sources of the Sarafa Jewelers Association and the international gold market. To give you a better idea of how gold prices have been moving recently, there’s also a chart that shows how these prices have changed over the last ten days. This chart can help you see the trends and perhaps make a more informed decision if you’re thinking about buying or selling gold.

PURITY OF GOLD                FOR EACH TOLA                   FOR EVERY 10 GRAMS 

24k                       Rs. 235,200 Rs. 201,650
22k                       Rs. 215,597 Rs. 184,844
21k                       Rs. 205,800 Rs. 176,444
20k                       Rs. 196,050 Rs. 168,085
18k                       Rs. 176,400 Rs. 151,238
14k                       Rs. 137,205 Rs. 117,634
12k                       Rs. 137,205 Rs. 100,825

 

GLOBAL GOLD PRICES

24K Gold Per Ounce                                                       RS. 572,518

Today’s Gold Prices in Big Cities of Pakistan

CITY                   GOLD24K PER TOLA               GOLD 22K PER 10 GRAM  

Pakistan Rs. 235,200 Rs. 215,597
Karachi Rs. 235,200 Rs. 215,597
Lahore Rs. 235,200 Rs. 215,597
Islamabad Rs. 235,200 Rs. 215,597
Rawalpindi Rs. 235,200 Rs. 215,597
Peshawar Rs. 235,200 Rs. 215,597
Quetta Rs. 235,200 Rs. 215,597

Gold values within Pakistan during the last 10 days

DATE                           Gold24K PER TOLA                          GOLD 22K PER 10GRAM 

07 May 2024 Rs. 235,200 Rs. 184,844
06 May 2024 Rs. 235,600 Rs. 185,156
04 May 2024 Rs. 235,550 Rs. 185,119
03 May 2024 Rs. 235,550 Rs. 185,119
02 May 2024 Rs. 236,300 Rs. 185,706
30 Apr 2024 Rs. 235,400 Rs. 185,000
29 Apr 2024 Rs. 237,900 Rs. 186,962
27 Apr 2024 Rs. 239,000 Rs. 187,833
26 Apr 2024 Rs. 238,800 Rs. 187,677
25 Apr 2024 Rs. 237,000 Rs. 186,256

The Cost of Gold in Pakistan

Today, on 8 May, 2024, the price of 24K gold per tola in Pakistan stands at Rs. 235,550.

Gold represents purity, beauty, and value. In our culture, especially during weddings, gold jewelry is highly prized and sought after. If you’re thinking of creating your own gold jewelry, it’s important to know the current gold rates in Pakistan. These rates vary depending on the purity of the gold, measured in carats—whether it’s 18, 20, 22, or 24 carats. Stay informed to make the best decisions for your jewelry-making endeavors.

Gold in Pakistan

Today, on May 8, 2024, the price of 24-carat gold in Pakistan stands at Rs. 235,200 per tola per tola. Gold holds a significant place in Pakistani culture, being used for adornment and investment purposes for many years. It is a popular choice among women as jewelry and is also seen as a reliable investment by others. When it comes to determining gold prices, they are typically set by the London Bullion Market, occasionally influenced by the International Monetary Fund (IMF). These organizations have the authority to establish gold standards and regulate its pricing.

Moreover, it’s important to note that the price of gold isn’t fixed; it changes over time due to various factors. In Pakistan, the cost of gold tends to be higher compared to other countries, primarily because the value of the Pakistani Rupee is typically lower against stronger global currencies. When we study the past gold prices in Pakistan, we see a pattern of instability. This lack of stability is often linked to major economic crises and periods of high inflation within the country.

FAQs:

What’s the current price of 1 tola of gold in Pakistan?

As of May 8, 2024, the latest updated rate shows that the gold price in Pakistan per tola is Rs. 235,200.

What’s the cost of 1 gram of 24K gold in Pakistan today?

The current price for 1 gram of 24K gold in Pakistan is 23,520 rupees.

What’s the current gold rate in Pakistan today?

As of now, the gold rate in Pakistan stands at Rs. 235,200.

What’s the price of 24K gold per 10 gram in Pakistan?

The current rate for 24K gold in Pakistan is Rs. 201,650 per 10 grams.

What is the value of 22 carat gold in Pakistan?

The current rate for 22 carat gold in Pakistan is RS. 215,597 and per 10 grams is Rs. 184,844.

Today’s gold price in Karachi by ARY.

Today, on May 8, 2024, the current gold rate in Karachi by ARY is Rs. 235,200 for 1 tola of 24 karat gold. It’s worth mentioning that these rates are also applicable in Karachi.

What is the value of one Tola?

The measurement unit known as “tola” can vary across different countries. However, in the context of Pakistan’s gold rate, one tola equals approximately  11.6638 grams.

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