Gold Price Today in Pakistan | Updated (سونا) Rate List
Gold Price in Pakistan continue to reflect the global market trends, with the 24-karat gold rate standing at 293,900 per tola. For those opting for slightly lower purities, the 22-karat rate is Rs. 269,478, while 21-karat gold is available at Rs. 257,229 per tola. Whether for investment or adornment, these rates highlight the enduring value of this precious metal.
Current Gold Price in Pakistan (سونے کی قیمت)
The gold market in Pakistan experiences daily fluctuations, influenced by both domestic and global economic conditions. Today’s prices reflect the ongoing shifts in demand, currency value, and international market trends. Staying updated on these rates is crucial for anyone looking to invest or buy gold, as prices can change frequently based on these factors.
GOLD PURITY | TOLA Price | 10 GRAM Price |
---|---|---|
20K | Rs. 244,980 | Rs. 209,977 |
18K | Rs. 220,482 | Rs. 188,979 |
22K | Rs. 269,478 | Rs. 230,975 |
24K | Rs. 293,900 | Rs. 251,972 |
21K | Rs. 257,229 | Rs. 220,476 |
Also Read: Metal Scrap Price Today
Factors Influencing Gold Price in Pakistan
Economic Instability
Economic fluctuations, such as inflation or changes in the value of the Pakistani Rupee, can lead to higher gold prices as people seek it as a haven.
Global Market Trends
International gold prices significantly impact local rates. Global events, including economic crises or geopolitical tensions, can cause gold prices to rise worldwide.
Supply and Demand
Local supply shortages or increased demand for gold, especially during wedding seasons or festivals, can push prices higher in Pakistan.
Currency Exchange Rates
As the value of the Pakistani Rupee drops against foreign currencies, the price of gold in Pakistan tends to increase due to higher import costs.
Central Bank Policies
Actions taken by central banks, such as interest rate changes or gold reserves adjustments, can influence gold prices, affecting both local and global markets.
Why Does Gold Hold Such Value in Pakistan?
Gold has deep cultural and economic significance in Pakistan. It is seen as a symbol of wealth, security, and prosperity, making it a preferred investment for many. Traditionally, gold is also a key part of weddings and festivals, further boosting its demand. Additionally, in times of economic uncertainty, gold is considered a haven, providing stability for individuals looking to preserve their wealth.
Gold Rates in Major Cities of Pakistan
Below is the updated table showing the current gold rates in various major cities across Pakistan.
City | Gold 24K Tola | Gold 22K Tola |
---|---|---|
Peshawar | Rs. 293,900 | Rs. 269,478 |
Karachi | Rs. 293,900 | Rs. 269,478 |
Multan | Rs. 293,900 | Rs. 269,478 |
Islamabad | Rs. 293,900 | Rs. 269,478 |
Lahore | Rs. 293,900 | Rs. 269,478 |
How to Buy Gold in Pakistan?
- Local Jewelry Shops: Visit reputable jewelry shops for a wide variety of gold items.
- Online Platforms: Buy gold through trusted online dealers for convenience.
- Check Purity: Always confirm the purity of the gold, typically measured in karats.
- Inquire About Rates: Make sure you’re aware of the current market price before purchasing.
- Get Authenticity Certificates: Request certificates or assay reports to verify the gold’s authenticity.
- Consider Bullion or Coins: For investment purposes, opt for gold bullion or coins, which are easier to store and trade.
Advantages of Investing in Gold Rate in Pakistan
- Gold protects wealth during inflation and currency devaluation.
- Less volatile than stocks or real estate, offering long-term security.
- Easy to buy or sell, providing quick access to cash.
- Highly valued in Pakistani culture, making it a desirable asset.
- Adds diversity, reducing investment risk.
Overall Conclusion
Gold continues to be a valuable asset in Pakistan, offering both cultural significance and financial stability. Whether you’re looking to invest or purchase gold for personal reasons, understanding the current prices and market trends is crucial. With its ability to hedge against inflation and its stable nature, gold remains a trusted investment choice for many in Pakistan.
Also Read: Steel Rate Today in Pakistan
Frequently Asked Questions (FAQs)
The current gold Rate in Pakistan is approximately Rs 290,300 per tola and Rs 250,430 for 10 grams. Prices fluctuate daily based on market conditions.
Gold prices in Pakistan can change daily due to fluctuations in international markets, currency exchange rates, and local economic factors.
Investing in gold can be a good option in times of economic uncertainty or inflation. It is considered a safe haven and a stable investment in Pakistan’s fluctuating economy.
Gold can be purchased from local jewelry shops, authorized gold dealers, and online platforms. It’s important to check for authenticity and ensure you’re paying the current market rate.
Gold purity is typically measured in karats (K). 24K gold is pure gold, while lower karats indicate mixed gold. Always ask for an assay certificate or purity verification when purchasing.