The gold market in Pakistan remains dynamic, with prices influenced by both global and local factors. As of September 5, 2024, the price of 24 karat gold stands at PKR 268,000 per tola, and 22 karat gold is valued at PKR 210,500 per 10 grams. These rates can fluctuate throughout the day based on international market trends, currency exchange rates, and local demand.
Chart: Gold Rate In Pakistan Today 5 September 2024
| Gold Purity | Per Tola | Per 10 Grams |
|---|---|---|
| 24K | Rs. 268,000 | Rs. 229,500 |
| 22K | Rs. 245,500 | Rs. 210,500 |
| 21K | Rs. 234,500 | Rs. 201,000 |
| 20K | Rs. 223,500 | Rs. 191,500 |
| 18K | Rs. 201,000 | Rs. 172,000 |
Disclaimer:
Gold prices are subject to change throughout the day. The rates provided here are approximations as of September 5, 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 in Pakistan
Gold prices in Pakistan have seen some volatility in recent times, reflecting global economic uncertainties and fluctuations in the Pakistani Rupee. Gold remains a popular investment and safe-haven asset in the country, with demand often surging during festive seasons and periods of economic instability. Investors and potential buyers should closely monitor market trends and consider expert advice before making any significant gold-related transactions.
Gold Rates in Other Countries (Per Ounce)
| Country | 24K Gold Rate (approx.) |
|---|---|
| USA | $1,950 |
| UK | £1,520 |
| UAE | AED 7,200 |
| India | INR 58,000 |
| China | CNY 45,000 |
| Canada | CAD 2,600 |
| Australia | AUD 2,900 |
| Switzerland | CHF 1,750 |
| Japan | JPY 270,000 |
| Germany | EUR 1,800 |
Conclusion
Gold continues to hold its allure as 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.
