As of Saturday, the latest rates for gold in Pakistan are as follows:
- 24-karat gold is priced at Rs187,500 per tola.
- For those interested in 22-karat gold, it is available at Rs171,875 per tola.
For individuals seeking to purchase smaller quantities, the rates are as follows:
- 10 grams of 24-karat gold are now priced at Rs160,751.
- 10 grams of 22-karat gold can be obtained for Rs147,355.
It’s noteworthy that the value of pure gold in Pakistan has been consistently experiencing a downward trend.
Gold rates in Pakistan can fluctuate multiple times within a day in response to global market trends. These rates are reliably sourced from outlets, primarily based in Karachi and Multan.
However, it’s important to mention that the official gold rates provided by the All Pakistan Jewelers Association, which typically update daily gold prices, have not been available since September 12, 2023.
On another note, to enhance transparency in the gold trade and foster the growth of the gold sector, a 15-member advisory council has been established, and the federal Ministry of Industries has issued a notification to this effect.
It’s noteworthy, however, that senior gold trader Haji Haroon Chandko has not been included in this council.
For those closely monitoring the gold market, it is advisable to remain vigilant as rates continue to respond to global developments in the world of gold.
Rest assured, we are committed to keeping our readers well-informed and will provide regular updates on the gold market in Pakistan. Stay tuned for the latest developments in gold prices.