If you’re looking for gold in Pakistan, it’s key to know the latest prices. Gold.pk gives you live updates on gold prices. This helps you see changes and make smart choices about buying or selling.
The site also has historical gold rate data and charts. This gives you a full view of market trends.
As of November 28, 2024, 24 karat gold in Pakistan costs Rs. 281,800 per tola. 22 karat gold is Rs. 258,315 per tola. LivePriceofGold.com shows real-time prices for gold of different purities. This includes 24K, 22K, 21K, 18K, and 14K, all in Pakistani rupees.
Key Takeaways
- Live updates on gold rates in Pakistan from reliable sources like Gold.pk and LivePriceofGold.com
- Current gold prices for 24 karat (Rs. 281,800 per tola) and 22 karat (Rs. 258,315 per tola)
- Real-time gold prices for different purities, including 24K, 22K, 21K, 18K, and 14K
- Historical gold rate data and market trend analysis available on these platforms
- Comprehensive coverage of the Pakistani gold market, including major cities like Karachi, Lahore, and Islamabad
Understanding Today’s Gold Rates in Pakistan
The gold market in Pakistan is changing fast. It’s important for investors and buyers to know today’s gold prices. We’ll look at the current rates, what affects them, and how prices differ in big cities.
Current Market Prices
The price of 24 karat gold in Pakistan is Rs. 23,432.29 per gram. This is Rs. 234,374.50 for 10 grams and Rs. 273,309.60 for a tola. Here are prices for other karats:
- 22 karat gold: Rs. 21,531.84 per gram
- 21 karat gold: Rs. 20,532.51 per gram
- 18 karat gold: Rs. 17,595.30 per gram
Factors Affecting Daily Rates
Many things change gold prices in Pakistan. Global trends, currency rates, and local demand are key. For example, a stronger US dollar has made gold prices drop a bit. World events also play a role in the bullion market.
Price Variations by City
Gold prices vary slightly in Pakistan’s big cities. For example, in Karachi, 10 grams of 24 karat gold costs Rs. 234,450. In Lahore, it’s Rs. 234,400, and in Islamabad, Rs. 234,375. These small differences come from local market and logistics.
Knowing the gold market in Pakistan is key for smart choices. Whether you’re an experienced investor or a new buyer, keep up with gold news in Pakistan.
Gold Standards and Purity Levels in Pakistani Market
Pakistan’s gold market has many purity levels. This caters to both jewelry lovers and investors. You can find everything from 24K gold, which is 99.99% pure, to 22K gold at 91.67% purity.
24K gold is the highest quality and most expensive. It’s loved for its pure color and high purity. On the other hand, 22K gold is more affordable but still very high quality.
There are also 21K, 18K, and 14K gold options. Each has a different purity level. This lets people choose based on their budget and style.
The market also offers silver options. You can find fine silver (99.99% pure) and sterling silver (92.5% pure). This range meets the needs of many buyers, no matter their taste or budget.
| Gold Purity Level | Purity Percentage | Current Price in Pakistan |
|---|---|---|
| 24K Gold | 99.99% | Rs. 241,600 per 10 grams |
| 22K Gold | 91.67% | Rs. 221,872 per 10 grams |
| 21K Gold | 87.50% | Rs. 212,400 per 10 grams |
| 18K Gold | 75.00% | Rs. 181,200 per 10 grams |
| 14K Gold | 58.33% | Rs. 141,136 per 10 grams |
Pakistan’s gold market offers a wide range of options. Whether you want the highest quality or something more affordable, there’s something for everyone. This makes the market very appealing to many.
Price of Gold in Pakistan: Live Market Analysis
As of November 28, 2024, the live gold rates in Pakistan are changing. The 24K gold rate is Rs. 273,445 per tola and Rs. 234,684 per 10 grams. The 22K gold rate is Rs. 258,315 per tola and Rs. 221,465 per 10 grams.
24K Gold Rates
The price of 24K gold has changed in the last few days. On November 27, 2024, it was Rs. 275,900 per tola and Rs. 236,540 per 10 grams. On November 28, 2024, the price went up to Rs. 234,684 for 10 grams and Rs. 273,445 per tola.
22K Gold Rates
The 22K gold rate in Pakistan has also changed. On November 27, 2024, it was Rs. 258,315 per tola and Rs. 221,465 per 10 grams. The gold rate per ounce in Pakistan for 22K gold on this date was Rs. 693,728.
Other Karat Values
Pakistan’s gold market also offers other karat values. There’s 21K at Rs. 246,575 per tola, 18K at Rs. 211,350 per tola, and 14K at Rs. 140,900 per tola. These are more affordable and good for jewelry making.
The gold price per ounce in Pakistan for 24K gold is Rs. 751,470. This shows how global prices affect the local market. Things like the Pakistani rupee’s value against the US dollar, international gold prices, interest rates, and investor mood all play a part in changing gold rates.
“Gold is a time-tested safe haven asset that continues to captivate investors during periods of economic uncertainty, driving up demand and affecting pricing in the Pakistani market.”
Gold Trading Hubs and Market Centers
Karachi is the main place for gold trading in Pakistan. The Karachi Sarafa Market is at the heart of the city. It sets the gold prices for the whole country.
Other big cities like Lahore, Islamabad, Quetta, and Peshawar follow Karachi’s prices. This makes Karachi very important for gold trading.
The Pakistan jewellers Association is key in this market. They decide and share the daily gold rates for the country. This group includes experienced jewelers and experts.
They watch the local and global gold markets. They make sure prices match the current trends.
| City | Role in Gold Trading |
|---|---|
| Karachi | Primary hub for gold trading, setting the nationwide trend |
| Lahore | Follows Karachi’s lead in gold pricing |
| Islamabad | Follows Karachi’s lead in gold pricing |
| Quetta | Follows Karachi’s lead in gold pricing |
| Peshawar | Follows Karachi’s lead in gold pricing |
Investment Opportunities in Pakistan’s Gold Market
As buying gold in Pakistan grows, investors look for ways to make money. They buy gold biscuits and coins and use smart trading plans. This is how they invest in gold in Pakistan.
Gold Biscuits and Coins
Buying gold biscuits and coins is easy in Pakistan. A 24-karat gold biscuit costs PKR 281,800 per tola. It’s a safe way to invest. There are many gold coins to choose from, each with its own benefits.
Trading Strategies
For those who know more about investing, Pakistan’s gold market has many strategies. By watching market trends and understanding the economy, investors can make more money. Using live gold prices and past data helps make smart choices.
Market Timing
Timing is key when buying gold in Pakistan. Smart investors buy when prices are low and sell when they’re high. Knowing the latest gold market news helps them make the best choices.
Whether you’re new or experienced, Pakistan’s gold market offers great chances. Diversifying your investments in gold can help your finances grow. It also helps Pakistan’s economy.
Understanding Gold Measurements in Pakistan
In Pakistan’s lively gold markets, knowing how to measure gold is key. This ensures you get the right price and trade well. Gold is often measured in tolas, grams, and ounces. Live gold rates change every day. One tola is about 11.66 grams, and 24K gold’s price for 1 tola is Rs. 281,800.
Let’s look at the different ways to measure gold in Pakistan:
- 1 tola of 24K gold: Rs. 281,800
- 10 grams of 24K gold: Rs. 241,600
- 1 gram of 24K gold: Rs. 24,160
- 1 ounce of 24K gold: Rs. 751,470
These measurements help both buyers and sellers. They make it easier to make smart choices in the Pakistani gold market. Whether you want gold biscuits, coins, or jewelry, knowing these units is crucial.
Staying current with gold tola Pakistan and gold gram Pakistan is vital. It helps you make wise investments and move confidently in the Pakistani gold market.
International Gold Rates vs Pakistani Market
The global gold market affects prices in Pakistan. Things like currency rates, economic trends, and supply and demand shape local gold prices.
Currency Impact
On November 28, 2024, the global gold rate for 24K per ounce was $2,336. The Pakistani rupee’s value against the US dollar also changes local gold prices. The USD/PKR exchange rate is 1 USD = 277.06 PKR, leading to big price differences.
Global Market Influence
Global trends and economic factors cause price differences. For example, global gold prices went up by 0.8% to $2,653.20 per ounce. US gold futures also rose by 1.2% to $2,653.10. These changes affect Pakistani gold prices too.
Price Differentials
The global gold prices impact Pakistan’s market. On November 28, 2024, 24K gold in Pakistan was Rs. 281,800 per tola. 22K gold was Rs. 258,317 per tola. These prices are influenced by international rates, currency exchange, and other factors.
“The Pakistani gold market is closely tied to the global gold industry, with international rates and currency exchange dynamics playing a pivotal role in shaping local prices.”
Gold Rate Fluctuations and Market Trends
The gold rates in Pakistan change every day. This shows how the gold market is always moving. By looking at past data, you can learn a lot about the market. This helps you make smart choices when buying gold.
For example, from November 19 to November 28, 2024, the price of 24K gold per tola went from Rs. 272,200 to Rs. 281,800. These big changes in gold prices happen for many reasons. These include global economic issues, world politics, currency rates, and how people feel about investing.
Knowing about gold price changes in Pakistan and the market’s reasons can help you feel more confident. It doesn’t matter if you’re an experienced investor or just starting. Keeping up with gold market trends helps you make choices that fit your financial plans.