When it comes to something as precious as gold, knowing the current rates is essential. As of today, 1st January 2024, the gold rate in Pakistan stands at PKR 219,300 per tola for 24 karat gold, while the price for 22 karat gold is PKR 172,346 per 10 grams. These figures, provided by the Sarafa Jewelers Association and the International Gold Market, are crucial for those planning to invest or indulge in the timeless beauty of gold.
Gold Purity and Prices
Understanding the purity and corresponding prices is key for anyone eyeing the gold market. Here’s a quick overview:
| GOLD PURITY | PER TOLA | PER 10 GRAM |
|---|---|---|
| 24K | Rs. 219,300 | Rs. 188,014 |
| 22K | Rs. 201,077 | Rs. 172,347 |
| 21K | Rs. 191,936 | Rs. 164,513 |
| 20K | Rs. 182,797 | Rs. 156,679 |
| 18K | Rs. 164,517 | Rs. 141,011 |
International Gold Rates
For those curious about global trends, the international gold rate for a 24K ounce is $2065.
Gold Price Today In Major Cities Of Pakistan
Curious about the gold rates in different cities? Here’s a snapshot:
| CITY | GOLD 24K PER TOLA | GOLD 22K PER TOLA |
|---|---|---|
| Karachi | Rs. 219,300 | Rs. 201,076 |
| Islamabad | Rs. 219,300 | Rs. 201,076 |
| Lahore | Rs. 219,300 | Rs. 201,076 |
| Multan | Rs. 219,300 | Rs. 201,076 |
| Peshawar | Rs. 219,300 | Rs. 201,076 |
Gold Rate In Pakistan For Last 10 Days
Stay updated with the recent trends by looking at the gold rates for the last 10 days:
| DATE | GOLD 24K PER TOLA | GOLD 22K PER 10 GRAM |
|---|---|---|
| Dec 29, 23 | Rs. 219,300 | Rs. 172,347 |
| Dec 28, 23 | Rs. 220,600 | Rs. 173,368 |
| Dec 27, 23 | Rs. 219,600 | Rs. 172,582 |
| Dec 26, 23 | Rs. 218,200 | Rs. 171,482 |
| Dec 25, 23 | Rs. 218,200 | Rs. 171,482 |
| Dec 24, 23 | Rs. 218,200 | Rs. 171,482 |
| Dec 23, 23 | Rs. 219,800 | Rs. 172,739 |
| Dec 22, 23 | Rs. 218,000 | Rs. 171,325 |
| Dec 21, 23 | Rs. 217,400 | Rs. 170,853 |
| Dec 20, 23 | Rs. 217,600 | Rs. 171,011 |
Gold Rate in Pakistan
As of today, 1st January 2024, the gold rate in Pakistan is Rs. 219,300 for 24K gold per tola.
Understanding Gold in Pakistan
Gold is more than a metal; it’s a symbol of purity and luxury. In our culture, gold is not just jewelry; it’s an integral part of weddings and celebrations. If you’re thinking of creating gold jewelry, it’s crucial to know the latest gold rates in Pakistan, categorized by purity—18, 20, 22, or 24 carats.
The Role of Gold in Pakistan
Gold has been an integral part of Pakistan’s culture for years. Many women adorn themselves with gold accessories, while others see it as a secure investment. However, the price of gold isn’t determined locally; it’s influenced by the London Bullion Market and sometimes the International Monetary Fund (IMF), which holds the authority to set gold standards and prices.
Fluctuations in Gold Rates
The gold rate isn’t static; it fluctuates due to various factors. In Pakistan, the gold rate tends to be higher because the Pakistani Rupee is considered weaker compared to other global currencies. Looking at the history of gold prices in Pakistan, it’s evident that the rates have faced fluctuations, often linked to economic crises and inflation.
In conclusion, understanding the dynamics of gold rates is essential for anyone considering gold, whether for personal use or investment. Stay informed and make well-informed decisions based on the latest gold rates in Pakistan.