Exploring the Glitter: Gold Rate Insights
Gold Rate Overview: As the sun rises on December 18, 2023, the gold rate in Pakistan stands at a dazzling PKR 218,900 per tola for 24 karat gold. Simultaneously, the 22 karat gold Rate is PKR 172,032 per 10 grams, providing a snapshot of the precious metal’s current market value on this Sunday.
A Closer Look at Gold Varieties
Gold Weights and Purity: Let’s break down the numbers for different gold varieties:
- 24K Gold:
- 10 Grams: Rs. 187,671
- 1 Tola: Rs. 218,900
- 22K Gold:
- 10 Grams: Rs. 172,032
- 1 Tola: Rs. 200,710
- 21K Gold:
- 10 Grams: Rs. 164,213
- 1 Tola: Rs. 191,586
- 20K Gold:
- 10 Grams: Rs. 156,393
- 1 Tola: Rs. 182,463
- 18K Gold:
- 10 Grams: Rs. 140,754
- 1 Tola: Rs. 164,217
Global Gold Trends
International Gold Rates: On the global stage, the 24K Gold Ounce is priced at $2023, adding an international perspective to the local gold scenario.
City-wise Gold Prices
Gold Prices Across Major Cities: Explore how gold shimmers in major cities of Pakistan:
City |
Gold 24K per Tola |
Gold 22K per Tola |
|---|---|---|
| Karachi | Rs. 218,900 | Rs. 200,709 |
| Islamabad | Rs. 218,900 | Rs. 200,709 |
| Lahore | Rs. 218,900 | Rs. 200,709 |
| Multan | Rs. 218,900 | Rs. 200,709 |
| Peshawar | Rs. 218,900 | Rs. 200,709 |
Presenting the Gold Story
Gold Price Today: As of today, December 18, 2023, the gold price in Pakistan stands at Rs. 218,900 for 24K gold per tola.
Gold’s Charm and Significance
Gold’s Cultural Impact: Gold, a synonym for purity and luxury, holds significant cultural value in the subcontinent. Widely used in jewelry, its demand peaks during wedding seasons. For those considering gold jewelry, understanding the latest gold rate in Pakistan based on purity (18, 20, 22, or 24 carats) is crucial.
Navigating Gold’s Journey in Pakistan
Gold in Pakistan: In the realm of 24 Carat Gold rate in Pakistan today, the price stands at Rs. 218,900 for 1 tola on December 18, 2023. Beyond adornment, gold serves as a viable investment for many women in Pakistan. However, the gold price is subject to fluctuations, influenced by factors like the London Bullion Market and occasionally the IMF.
Economic Reflections
Gold Price and Economic Factors: The gold rate in Pakistan tends to remain on the higher side due to the relatively lower value of the Pakistani Rupee compared to other global currencies. Examining Gold Price Pakistan history reveals a lack of stability, often intertwined with economic crises and severe inflation.
In conclusion, the glitter of gold tells a tale of cultural richness, economic dynamics, and a timeless allure that continues to captivate both the young and the old in Pakistan.