Gold Rate Today in Pakistan (06-12-2024)
Want to know what is the gold rate in Pakistan today?
This is an updated list of the current gold prices today.
- Pure Gold Today’s Rate
- Price According to Gold Purity
- Common Types
- Trends 2022-2023
- Understand Gold Measurement and Fluctuation
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Pure Gold Current Rates
As of today, December 06, 2024, the gold rates are as follows:
- 1 Tola: Rs. 277,500
- 10 Grams: Rs. 237,920
- 1 Gram: Rs. 21,809
Key Highlights:
- The gold rate per tola in Pakistan stands at Rs. 273,800.
- 1 gram of 24K gold is being sold at Rs. 23,474.
- 10 grams of 24K gold trades for Rs. 234,740.
Note: These rates are subject to change. It is based on the latest available data. Stay tuned for further updates!
Stay updated with real-time gold prices, based on international market trends.
Prices According to Gold Purity
Below are the present rates of gold according to their purity:
| Gold Type | 24K Gold Rs. | 22K Gold Rs. | 21K Gold | 18K Gold |
| Per Tola | 273,800.00 | 254,375.00 | 242,812.00 | 208,125.00 |
| Per 10 Grams | 234,740.00 | 218,093.00 | 208,180.00 | 178,440.00 |
| Per 1 Gram | 23,792.00 | 21,809.33 | 20,818.00 | 17,844.00 |
| Per Ounce | 674,325.00 | 618,131.50 | 590,034.25 | 505,743.50 |
Today’s Highlights
- The price of 1 tola of 24K gold is Rs 273,800.
- 1 gram of 24K gold costs Rs 22,720, while 10 grams are priced at Rs 227,200.
- 1 ounce of 24K gold is trading at Rs 643,950.
Stay ahead of the market with our accurate and timely updates.
Common Types Of Gold Purity
Gold is available in various purity levels, with the most common types being 24K, 22K, 18K, 14K, and 10K. Each offers a unique balance of quality, durability, and affordability.
| 9K | 10K | 12K | 14K | 18K | 22K | 24K |
| 37.5% | 41.6% | 50% | 58.3% | 75% | 91.6% | 99.9% |
Gold Price in Major Cities of Pakistan
Wondering about the latest gold rates in your city? Here are the current prices for 24K and 22K gold across major cities in Pakistan:
| Location | 24K Gold (Per Tola) | 22K Gold (Per Tola) |
| Pakistan | Rs. 265,000 | Rs. 242,915 |
| Karachi | Rs. 265,000 | Rs. 242,915 |
| Lahore | Rs. 265,000 | Rs. 242,915 |
| Islamabad | Rs. 265,000 | Rs. 242,915 |
| Rawalpindi | Rs. 265,000 | Rs. 242,915 |
| Peshawar | Rs. 265,000 | Rs. 242,915 |
| Quetta | Rs. 265,000 | Rs. 242,915 |
No matter where you are in Pakistan, the gold price remains consistent. Stay updated with the latest
Trends 2022-23
On Saturday, December 30th, 2023, gold prices in Pakistan declined further, dropping by Rs.900 per Tola.
According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the new rate is Rs.220,000 per tola, while the cost for 10 grams fell by Rs.771 to Rs.188,615.
This follows a Rs1,900 per tola drop on Friday, reflecting a global trend as international gold prices eased. With a premium of $20, the global rate of gold on Saturday was $2,082 per ounce, down $8.
Silver prices remained steady at Rs2,680 per tola.
In 2023, gold prices in Pakistan surged nearly 20%, ending 2022 at Rs.184,000 per tola. According to APGJSA data, the highest price in 2023 was recorded on September 2, reaching Rs.242,700 per tola, while the lowest was Rs.188,400 on October 4.
Understanding Gold Measurements and Price Fluctuations
Do you want to know about gold measurements and why its price change? Let’s break it down!
How Many Grams in a Tola of Gold?
In Pakistan, 1 tola of gold equals 11.667 grams. This traditional measurement is used in South Asia to buy or sell gold.
For instance: if you have 10 tola and want to convert it to grams.
In other words, the question is how many grams in 10 tolas of gold. The answer you get by multiplying 10 tolas by 11.667 (that 1 tolas has 11.667) equals 116.67 grams.
On the other hand, provided you have 70 grams of gold and want to convert it to tolas, you get it by dividing 70 grams by 11.667 equals approximately 6 tolas.
How Many Tolas in an Ounce of Gold?
1 ounce of gold is equal to 2.43 tolas. This conversion is important, if you compare global gold prices with local measurements.
How Many Grams in an Ounce of Gold?
1 ounce of gold is 28.35081 grams. It’s the international standard used to measure and trade gold worldwide.
What Causes Gold Price Fluctuations?
Gold is more Valued for Two Key Reasons:
- Investors seek out gold for its potential to grow in value over time.
- Jewellers prize gold. So as for its beauty, durability, and versatility in creating stunning pieces. Several factors can influence gold prices. Here are some key drivers:
- Interest Rates: Higher interest rates can make gold less appealing, while lower rates may boost its attractiveness.
- Monetary Policy: Decisions by central banks can affect gold’s demand.
- Geopolitics: Global tensions can drive people toward gold as a safe-haven asset.
- Currency Markets: A stronger U.S. Dollar may reduce gold prices, while a weaker dollar boosts gold’s value
- Inflation/Deflation: Inflation boosts demand for gold, while deflation can have the opposite effect.
- Investment & Jewelry Demand: Strong demand for gold as an investment or for jewellery, especially in countries like Pakistan, can push prices up.
Gold is traded in U.S. dollars, so shifts in the U.S. Dollar Index play a major role in determining daily gold prices. Foreign investors may find gold pricier as the dollar value increases, causing the price to drop. A weakening dollar usually boosts gold prices.
Interest Rates Matter: When interest rates rise, holding gold can seem less attractive since it doesn’t generate income like bonds or dividends. However, when rates fall, gold can shine as a safe store of value.
Understanding these factors will help you grasp the movements in gold prices and make informed buying or selling decisions!