Gold remains a popular investment in Pakistan, and its prices are influenced by both international market trends and local demand. Below, we provide the latest gold rates as reported by key bullion markets in Karachi, Lahore, and Multan.
Current Gold Prices in Pakistan
Latest Gold Rates (November 29, 2024)
The price of gold varies based on purity, measured in karats. The rates for 24K and 22K gold as of November 29, 2024, are outlined below:
| Gold Rate | 24K Gold | 22K Gold |
|---|---|---|
| Per Tola | Rs 281,800 | Rs 258,316 |
| Per 10 Grams | Rs 241,600 | Rs 219,027 |
| Per 1 Gram | Rs 24,160 | Rs 21,903 |
These rates are based on data from major cities such as Karachi, Lahore, and Multan.
Gold Prices Across Cities
Gold prices remain consistent across key urban centers in Pakistan. Here is the breakdown for 24K and 22K gold per tola across major cities:
| City | 24K Gold Per Tola | 22K Gold Per Tola |
|---|---|---|
| Karachi | Rs 281,800 | Rs 258,316 |
| Lahore | Rs 281,800 | Rs 258,316 |
| Islamabad | Rs 281,800 | Rs 258,316 |
| Multan | Rs 281,800 | Rs 258,316 |
| Peshawar | Rs 281,800 | Rs 258,316 |
Why Do Gold Rates Fluctuate?
Gold prices in Pakistan are not static. They change frequently due to factors such as:
- Global Market Trends: Gold prices are influenced by international demand, geopolitical tensions, and economic data from major economies.
- Currency Exchange Rates: The value of the Pakistani Rupee against the US Dollar significantly impacts gold prices.
- Local Market Conditions: The Sarafa (bullion) markets in cities like Karachi and Lahore play a crucial role in determining local rates based on supply and demand.
Quick Facts About Today’s Gold Rates
- Highest Rate: 24K gold per tola is priced at Rs 281,800.
- Most Affordable Option: 22K gold per gram costs Rs 21,903.
- Cities Covered: The rates remain uniform across Karachi, Lahore, Islamabad, and other major cities.
Conclusion: Stay Updated with Gold Trends
Gold prices in Pakistan are dynamic, influenced by multiple factors. Whether you are an investor or someone purchasing gold for personal use, staying informed about daily rates is essential. For the latest updates, consult trusted local Sarafa markets or online sources regularly.
By keeping track of fluctuations, you can make well-timed investment decisions and optimize your returns on this valuable asset.
