Note: Gold prices in Pakistan fluctuate daily based on international market trends and domestic economic factors. It’s recommended to check with local jewelers or refer to reliable online sources for the most accurate and up-to-date rates. Â
Here’s an estimate of the gold rates in Pakistan as of November 8, 2024:
Gold Rate In Pakistan Today 8 November 2024
| Gold Type | Rate per Tola (PKR) | Rate per 10 Grams (PKR) |
|---|---|---|
| 24K Gold | 276,695 | 23,722 |
| 22K Gold | 254,968 | 21,747 |
Factors Affecting Gold Prices in Pakistan
Several factors influence the price of gold in Pakistan:
- International Gold Prices: Global gold prices, determined by factors like economic conditions, geopolitical events, and investor sentiment, directly impact local rates. Â
- 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 government policies can influence gold demand and pricing. Â
- Jewelry Demand: Local demand for gold jewelry, especially during festive seasons, can impact prices. Â
Tips for Buying Gold in Pakistan
- Check Purity: Ensure that you purchase gold of the desired purity (24K, 22K, etc.) from reputable jewelers.
- Consider Making Charges: Be aware of additional making charges that jewelers may apply to the gold price.
- Compare Prices: Compare prices from different jewelers to get the best deal.
- Invest in Gold Bullion: Consider investing in gold bullion as it is often more affordable than jewelry and easier to sell.
- Consult a Financial Advisor: Seek advice from a financial advisor to understand the potential risks and rewards of investing in gold.
For the most accurate and up-to-date gold rates, it’s recommended to check with local jewelers or refer to reliable online sources.
Please note that gold prices can fluctuate throughout the day, so it’s advisable to verify the latest rates before making any purchases.
