The gold rate of 24-karat per tola in Pakistan is PKR 195,600 and the rate of 22-karat is PKR Rs. 179,299
The gold rate of 10 grams of 24-karat is PKR 167,700
Gold rate in Pakistan – Sunday 08 Oct, 2023
| Gold Rate | 24-Karate | 22 Karat |
|---|---|---|
| Per Tola Gold | Rs. 195,600 | Rs. 179,299 |
| Per 10 Gram Gold | Rs. 167,700 | Rs. 153,724 |
| Per 1 Gram Gold | Rs. 16,770 | Rs. 15,372 |
| Per Ounce | Rs. 521.610 | Rs. 478,139 |
Recent strengthening of the Pakistani Rupee against the US Dollar has been a welcome development for Pakistan’s economy, signalling increased investor confidence and potential for enhanced trade competitiveness.
However, despite this positive trajectory in the currency market, Pakistani’s are not seeing relief in all sectors, particularly in the gold market. As international gold prices soar, the cost of gold in Pakistan today increased again.
This is because gold prices are typically denominated in US Dollars on the global market. So, even if the Pakistani Rupee gains strength against the Dollar, the escalating international gold prices counteract these gains, making gold more expensive for the average
