Gold prices in Pakistan remain a crucial indicator for economic trends, investments, and jewelry enthusiasts. Today, November 26, 2024, the gold rates per tola and 10 grams have been updated by the Karachi Sarafa Bazar Association, reflecting global market fluctuations.
Gold Rate Highlights for November 26, 2024
The latest rates for 24k and 22k gold in Pakistan are as follows:
| Gold Category | 24k Gold Price | 22k Gold Price |
|---|---|---|
| Per Tola Gold | Rs 285,500 | Rs 261,684 |
| Per 10 Gram Gold | Rs 244,770 | Rs 224,371 |
| Per Gram Gold | Rs 24,477 | Rs 22,437 |
These rates are subject to fluctuations based on international gold pricing trends.
Understanding Gold Rates in Pakistan
Factors Influencing Gold Prices
The gold rate in Pakistan is determined daily by the Karachi Sarafa Bazar Association. Key factors influencing gold prices include:
- Global Market Trends: International gold prices, driven by demand, supply, and geopolitical factors, significantly impact local rates.
- Currency Exchange Rates: The value of the Pakistani Rupee (PKR) against the US Dollar also affects the gold price.
- Local Market Demand: Seasonal demand, especially during wedding seasons and festivals, influences domestic pricing.
Gold Rates by Purity
Gold is measured in karats, with 24k being pure gold. For affordability and durability, 22k gold is commonly used in jewelry. The rates for both purities are updated daily, providing transparency for buyers and investors.
City-Wise Gold Rates in Pakistan
Gold prices may vary slightly across cities due to logistical and market factors. Here’s how you can check city-specific rates:
- Lahore: 1 tola gold price today matches the national standard.
- Karachi: As the economic hub, Karachi determines gold prices for the entire country.
- Islamabad: Prices align closely with other major cities.
For city-wise updates, platforms like UrduPoint regularly publish detailed rates.
Why Gold Remains a Valuable Asset
Gold is not only a symbol of wealth and tradition but also a reliable investment. During times of economic uncertainty, gold serves as a hedge against inflation. Its intrinsic value and universal acceptance make it a preferred choice for diversifying investment portfolios.
Conclusion
As of November 26, 2024, the gold rate per tola for 24k gold in Pakistan is Rs 285,500, and for 10 grams, it is Rs 244,770. Staying updated on daily gold prices helps make informed decisions, whether for investment or personal use. Visit reliable sources like UrduPoint for real-time gold rate updates across Pakistan.
Gold continues to shine as a timeless asset, providing financial security and cultural significance to millions across the country.
