Karachi: Today Gold rate in Pakistan, 30 November 2020 are being sold for Rs. 90800 per 10 grams, and the price of Gold is Rs. 105900 per Tola in Pakistan today.
Gold Rates in Pakistan – Karachi is the main hub of gold market, in Pakistan, Karachi is leading for gold rate, every city follow Karachi Sarafa Bazar Association for gold price, Today gold prices for different cities including Lahore, Karachi, Peshawar, Islamabad, are same.
Gold Rate In Pakistan For 30, November 2020
|Gold Rate||24K Gold||22K Gold||21K Gold||18K Gold|
|per Tola Gold||Rs. 105900||Rs. 97074||Rs. 92663||Rs. 79425|
|per 10 Gram||Rs. 90800||Rs. 83233||Rs. 79450||Rs. 68100|
|per Gram Gold||Rs. 9080||Rs. 8323||Rs. 7945||Rs. 6810|
|per Ounce||Rs. 257400||Rs. 235948||Rs. 225225||Rs. 193050|
Key Factors that Drive the Gold Rate
The jewelry-making industry uses gold on a very large-scale. In Asian communities, gold is considered as wealth and does transfer from one generation to the second generation. The gold prices are increased if the global demand is increased. When interest rates are low; the gold rates go high because of the low opportunity cost involved with precious metals like gold. At the time of high inflation rates, creditors start losing money so they are more inclined to buy or hold more gold. The fluctuation in the USD also drives the gold price and is directly linked if USD goes up, the gold price also see hikes.