Gold prices in Pakistan continue to fluctuate, with updated rates provided by the Sarafa markets across major cities. As of Wednesday, November 27, 2024, the gold rate for 24-karat gold is as follows:
- 1 Tola (24K): Rs. 282,500
- 10 Grams (24K): Rs. 242,200
- 1 Gram (24K): Rs. 24,220
In addition, the rate for 22-karat gold stands at Rs. 258,956 per tola, while 21-karat gold is priced at Rs. 247,188 per tola. For 18-karat gold, the rate is Rs. 211,875 per tola.
Gold Rates in Major Cities of Pakistan (as of 16:02 PST)
| City | 24K Bidding | 24K Asking |
|---|---|---|
| Karachi | Rs. 282,500 | Rs. 282,600 |
| Lahore | Rs. 282,550 | Rs. 282,650 |
| Islamabad | Rs. 282,600 | Rs. 282,700 |
| Quetta | — | — |
Factors Influencing Gold Prices
Gold rates in Pakistan are primarily influenced by the international gold market, currency exchange rates, and local supply and demand dynamics. Karachi, being the hub of gold trading, sets the trend for gold prices across the country. These prices are closely followed by other major cities like Lahore, Islamabad, and Quetta.
