On, June 27, 2024, the gold market in Pakistan showcased intriguing figures. The going rate for 24-karat gold stands at Rs. 239900 per tola, while the 22-karat gold is priced at Rs. 219907 per tola. These rates reflect the latest inputs from the Sarafa Jewelers Association and the global gold market trends. A notable feature accompanying these rates is a performance graph, providing a 10-day retrospective on gold price movements.
1 Tola Gold Price in Pakistan
June 27, 2024 Gold Price in Pakistan
Gold Rate | 24K Gold | 22K Gold | 21K Gold | 18K Gold |
---|---|---|---|---|
per Tola Gold | Rs. 239900 | Rs. 219907 | Rs. 209913 | Rs. 179925 |
per 10 Gram | Rs. 205700 | Rs. 188557 | Rs. 179988 | Rs. 154275 |
per Gram Gold | Rs. 20570 | Rs. 18856 | Rs. 17999 | Rs. 15428 |
per Ounce | Rs. 583100 | Rs. 534504 | Rs. 510213 | Rs. 437325 |
Today’s Gold Rate in Pakistan
As of June 27, 2024, the gold rate for 24-karat purity in Pakistan is quoted at Rs. 239900 per tola.
Gold, often synonymous with purity, luxury, and value, holds a special place in the cultural fabric of the subcontinent, particularly in Pakistan. Its demand peaks during wedding seasons, aligning with its traditional use in jewellery. For those considering purchasing gold jewellery, staying informed about the current rates, which vary across different purities such as 18, 20, 22, or 24 karats, is pivotal.
Gold’s Role in Pakistan
Sona in Pakistan has a dual role – as a cherished accessory and a substantial investment. The pricing of gold is influenced by international standards set predominantly in the London Bullion Market and occasionally by the International Monetary Fund (IMF).
However, it’s important to note that gold rates are not static; they fluctuate due to various factors, including global economic conditions and currency valuations. The Pakistani Rupee’s comparative weakness against other major currencies often results in higher local gold prices. Historically, Pakistan’s gold rates have been volatile, mirroring the country’s economic challenges and inflation trends.
This dynamic nature of gold pricing underscores the importance of staying updated with the latest market rates, especially for potential investors and consumers in Pakistan.
FAQs
How much is 1 tola gold in Pakistan?
The price of 1 tola of gold in Pakistan is Rs. 239900 today. This value fluctuates daily based on factors such as the international gold market, currency exchange rates, and local market conditions.
What is the rate of 24K gold in Pakistan?
The rate of 24K gold in Pakistan today is Rs. 239900. As the purest form of gold, 24K usually commands the highest price. This rate is subject to change based on global gold market trends and other economic factors.
What is the price of 22-karat gold in Pakistan?
In Pakistan, the price of 22 karat gold, which is approximately 91.67% pure, is currently Rs. 219907. This price is typically lower than 24K gold due to its lower purity. The rate changes daily, so staying updated with the latest market information is important.
What is the gold rate today in forex?
The current gold rate in the forex market is Rs. 217900. This rate reflects the global economic conditions, currency values, and market demand, and is usually given in terms of price per ounce in U.S. dollars. For the latest rates, refer to financial news websites or forex trading platforms.