Friday, May 24, 2024

Gold rate in Pakistan Today

Last Update: March 07, 2023. The price of gold in Pakistanis today is Rs.196,000 per Tola.

Gold is regarded as the best long-term investment. Gold jewelry is very popular among Pakistani ladies, and gold is believed to be as good as cash. In Pakistan, the gold rate is never stable; it changes based on international gold pricing. Gold is mostly imported into Pakistan from Gulf countries, and the price of gold is determined by the existing Dollar rate. Gold is classified on its quality and standard. In Pakistan, the gold sold under these categories is 24K, 22K, 21K, and 18K with weights measured in Tola and grams. Gold jewelry has a production cost that is decided by the product’s design.

Pakistan is dependent on the import of gold, and an increase in the gold price in global markets reflects a rising in consumer prices.

Throughout the week, the All Sindh Saraf Jewellers Association (ASSJA) controls the gold rate in Pakistan for local markets. The rupee-dollar equality has an effect on local prices in addition to worldwide price changes.

March 07, 2023. Latest Gold price in Pakistan

Gold Rate:24K Gold:22K Gold:
Per Tola Gold rateRs.196,000/TolaRs.179,667/Tola
Per 10 Grams Gold rateRs.168,038/10 gRs.154,035/10 g
Per Gram Gold rateRs.16,804/gRs.15,404/g