Gold prices in Pakistan continue to fluctuate based on international market trends, with the rates determined daily by the Karachi Sarafa Bazar Association. On 23 September 2024, the gold rate for 24K gold per tola stands at Rs 270,000, and for 10 grams of 24K gold, it is Rs 231,490. The price for 22K gold per tola is Rs 247,487, and for 10 grams of 22K gold, it is Rs 212,198.
These prices reflect both global gold price shifts and local market demand, with cities like Karachi, Lahore, and Islamabad experiencing similar rates.
Gold Rate in Pakistan Today (23 September 2024)
Gold Type | 24K Gold Price | 22K Gold Price |
---|---|---|
Per Tola Gold | Rs 270,000 | Rs 247,487 |
Per 10 Gram Gold | Rs 231,490 | Rs 212,198 |
Per Gram Gold | Rs 23,149 | Rs 21,220 |
Gold Rates in Major Pakistani Cities
Gold prices tend to vary slightly across cities due to transportation costs, demand, and other factors. You can check daily updates for the gold rate in Karachi, gold rate in Lahore, and gold rate in Islamabad at INCPak for accurate figures.
- Gold Rate in Karachi Today: Rs 270,000 per tola (24K)
- Gold Rate in Lahore Today: Rs 270,000 per tola (24K)
- Gold Rate in Islamabad Today: Rs 270,000 per tola (24K)
Factors Influencing Gold Prices in Pakistan
Several factors contribute to the daily fluctuation of gold prices in Pakistan:
- International Gold Prices: The gold rate in Pakistan is directly impacted by global gold markets.
- Exchange Rates: The value of the Pakistani Rupee against the US Dollar plays a significant role.
- Local Demand: Higher demand for gold, especially during the wedding season, can cause price surges.
- Geopolitical Events: Global economic instability or geopolitical tensions can drive gold prices higher as investors seek safe-haven assets.
Why Monitor Gold Rates?
Tracking gold rates is essential for investors, jewelers, and those looking to purchase gold for personal use. Gold has long been seen as a stable investment and a hedge against inflation. Knowing the latest gold rates helps buyers make informed decisions, ensuring they get the best price on their purchases.
For the latest updates, you can check the gold rate in Pakistan today at INCPak, which offers comprehensive coverage of prices across all major cities, including variations in 22K and 24K gold.
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