The gold market in Pakistan continues its dynamic trajectory, with prices influenced by global and local economic factors. As of September 8, 2024, 24-karat gold is trading at approximately PKR 267,000 per tola, and 22-karat gold is valued at PKR 209,500 per 10 grams. These rates are subject to fluctuations throughout the day, driven by international market trends, currency exchange rates, and local demand.
Chart: Gold Rate In Pakistan Today 8 September 2024
Gold Purity | Per Tola | Per 10 Grams |
---|---|---|
24K | Rs. 267,000 | Rs. 228,500 |
22K | Rs. 244,500 | Rs. 209,500 |
21K | Rs. 233,000 | Rs. 200,000 |
20K | Rs. 222,000 | Rs. 190,500 |
18K | Rs. 200,000 | Rs. 171,000 |
Disclaimer:
Gold prices can change throughout the day. The rates provided here are approximations as of September 8, 2024, and may vary depending on the jeweler and location. For the most current and accurate rates, it is advisable to consult a reliable financial institution or a reputable jeweler.
Thoughts on Gold Rates
Today’s gold rates in Pakistan reflect a slight dip compared to recent days, aligning with international market trends. While this may present a buying opportunity for some, it’s important to remember that gold prices can be volatile. Investors and potential buyers should stay informed about global economic developments and consider seeking expert advice before making significant gold-related transactions.
Gold Rates in Other Countries (Per Ounce)
Country | 24K Gold Rate (approx.) |
---|---|
USA | $1,940 |
UK | £1,510 |
UAE | AED 7,150 |
India | INR 57,500 |
China | CNY 44,700 |
Canada | CAD 2,580 |
Australia | AUD 2,880 |
Switzerland | CHF 1,740 |
Japan | JPY 268,000 |
Germany | EUR 1,780 |
Conclusion
Gold continues to be a valuable asset and a symbol of wealth in Pakistan. Understanding the current gold rates and the factors influencing them is crucial for both investors and individuals looking to purchase gold jewelry or coins. Stay informed, make sound financial decisions, and remember that gold’s value extends beyond its monetary worth, carrying cultural and emotional significance in Pakistani society.