While gold holds cultural and economic significance in Pakistan, many people also track the gold rate in major international markets like Dubai. The Dubai gold market is known for its transparency and competitive pricing, influencing gold rates in neighboring regions, including Pakistan.
Today’s Gold Rate in Dubai (as of 30 September 2024)
- 24K Gold (per gram): AED 323.25 (approx.) Â
- 22K Gold (per gram): AED 299.50 (approx.)
Gold Rate In Dubai Today 30 September 2024
| Gold Type | Per Gram (AED) | Per Gram (PKR) |
|---|---|---|
| 24K Gold | AED 323.25 | PKR 10,440 (approx.) |
| 22K Gold | AED 299.50 | PKR 9,654 (approx.) |
Factors Affecting Dubai Gold Rate
The gold rate in Dubai is primarily influenced by:
- International Gold Prices: The global gold market sets the benchmark for prices in Dubai. Â
- Currency Exchange Rates: The UAE Dirham’s peg to the US dollar influences the gold rate in Dubai. Â
- Local Demand and Supply: Demand from tourists, investors, and local jewelers can impact prices.
Comparing Dubai and Pakistan Gold Rates
Gold rates in Dubai are often slightly lower than in Pakistan due to factors like lower import duties and a more competitive market. However, it’s essential to consider additional costs like transportation and taxes when comparing prices. Â
Conclusion
While the Dubai gold rate offers a reference point for gold prices in the region, it’s important to consult local jewelers or reliable online sources for the most accurate and up-to-date gold rates in Pakistan. Understanding the dynamics of both the local and international gold markets allows for informed decision-making when buying or investing in gold.
