Today 1 tola Gold Rate in Pakistan Gold Price

Updated Gold rate in Pakitsn Per tola - 2023
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Introduction

Gold is often synonymous with purity, elegance, and prosperity, making it a valuable and sought-after commodity in Pakistan. In this article, we will provide you with the latest gold rates in Pakistan as of  May 2024, according to the Sarafa Jewelers Association and the International Gold Market. We’ll also explore the historical context and factors affecting gold prices in Pakistan.

Current  Today Gold Rate in Pakistan rates  May 2024

As of  May 2024,  today 1 tola Gold rate in Pakistan is Rs. 220,200 for 24k gold and 22k 1 tola gold price in Pakistan is Rs.201,850

Gold Weight24K Gold22K Gold21K Gold18K Gold
Per Tola Gold220600202,216193,025165,450
Per 10 Gram Gold189,130173,369165,488141,847
Per 1 Gram Gold18,91317,33616,54814,184
Per Ounce536,058491,386469,050402,043

For those who prefer smaller units, here are the gold rates for 10-gram quantities:

Gold PurityRate per 10 Grams
24K GoldRs. 189,130
22K GoldRs. 173,369

Karachi: The Heart of Gold Trading in Pakistan

In Pakistan, Karachi serves as the primary hub for gold trading, setting the trend for gold rates nationwide. Gold brokers and jewelers in every city of Pakistan closely follow the trends in Karachi’s gold market to determine today’s gold prices. These rates are updated daily and are influenced by various factors, including the global gold market, currency exchange rates, and local supply and demand conditions. Rest assured that our gold rates are accurate and up-to-date according to the Pakistan gold market.

Pakistan Bullion  Gold Rates 2024

MetalSymbolBidding
Gold RatesXAUP220,600
Silver RatesXAGP2,740

 

Gold Rates Across Pakistan

The gold rates across Pakistan can vary from city to city. To give you a clearer picture, here are the gold rates for various cities in Pakistan:

City24K Gold (Updated)22K Gold (Updated)
KarachiRs. 220,600Rs. 202,216
IslamabadRs. 219500Rs. 201,208
LahoreRs. 219500Rs. 201,208
MultanRs. 219500Rs. 201,208
PeshawarRs. 219500Rs. 201,208

 

 

Today Gold in Pakistan Market :

Gold has a long-standing tradition in Pakistan, where it is cherished not only for its ornamental value but also as a sound investment option. The price of gold in Pakistan is influenced by various global and local factors, and it is subject to fluctuations. The rates are determined by entities like the London Bullion Market and the IMF, which set the gold standards and prices.

Pakistan has experienced economic challenges and inflation in its history, which has contributed to the fluctuating gold rates. The value of the Pakistani Rupee, being relatively lower compared to other world currencies, often results in higher gold prices in Pakistan.

Conclusion

In conclusion, gold remains an essential part of Pakistani culture, symbolizing wealth and beauty. It is used in jewelry and serves as a reliable investment option. The current gold rates reflect the economic dynamics of the country and global market trends. Investors and jewelry enthusiasts can stay updated with the latest rates to make informed decisions.

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