Today Gold price in Pakistan has hit a record high of Rs. 121,900 per tola on 27 July 2020 for 24k gold which is the highest in the history of the country.
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This increase in the gold rate in Pakistan was in line with the global rate where gold has spiked to $1,928 per ounce which is the highest ever mainly due to decline in the US dollar against other major currencies.
A factor towards the increase in Gold prices has been the tensions between the the United States and China with both sides ordering the closure of their consulates.
Gold Price / Rate in Pakistan [27 July 2020]:
24K / 10g | Rs. 104,500 |
24 / tola (11.665g) | Rs. 121,900 |
International gold prices have hit record high as well surpassing the previous rate of $1,928 per ounce back in 2011.
Read more: USD to PKR: Dollar rate in Pakistan [27 July 2020].