Gold prices in Pakistan can fluctuate daily due to various factors such as international gold prices, currency exchange rates, and domestic economic conditions. Please consult with local jewelers or check online platforms for the most accurate and up-to-date rates.
Chart Of Gold Rate In Pakistan Today 2 December 2024:
As of December 2, 2024, here are the approximate gold rates in Pakistan:
| Gold Type | Price per Tola (PKR) | Price per 10 Grams (PKR) |
|---|---|---|
| 24K Gold | 215,000 – 220,000 | 185,000 – 190,000 |
| 22K Gold | 195,000 – 200,000 | 168,000 – 172,000 |
Please note: These are approximate rates and can vary depending on the specific jeweler, location, and any additional charges or taxes.
Factors Affecting Gold Prices in Pakistan
Several factors influence gold prices in Pakistan:
- International Gold Prices: Global gold prices, as determined by international markets, have a significant impact on local rates.
- Currency Exchange Rates: The exchange rate between the US Dollar and the Pakistani Rupee affects the cost of importing gold.
- Domestic Economic Conditions: Inflation, interest rates, and economic policies can impact gold demand and prices.
- Geopolitical Events: Global political events and uncertainties can influence investor sentiment towards gold as a safe-haven asset.
- Festivals and Occasions: Traditional festivals and wedding seasons can increase demand for gold, leading to price fluctuations.
Tips for Buying Gold in Pakistan
- Reputable Jewelers: Purchase gold from trusted and reputable jewelers to ensure quality and authenticity.
- Hallmarking: Look for hallmarks on gold jewelry to verify its purity.
- Weight and Purity: Carefully check the weight and purity of gold items before making a purchase.
- Making Charges: Be aware of making charges, which are additional costs for crafting gold jewelry.
- Compare Prices: Compare prices from different jewelers to get the best deal.
- Consider Gold Investment Schemes: Explore gold investment schemes offered by banks and financial institutions.
For the most accurate and up-to-date information, it’s recommended to consult with local jewelers or check online platforms that provide real-time gold price updates.
By understanding the factors influencing gold prices and following these tips, you can make informed decisions when buying gold in Pakistan.
