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Gold Rates: Today’s Gold Rate in Pakistan


Web DeskSenior Editor

02nd Mar, 2020. 02:10 pm
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Gold Rates In Pakistan

BOL News keeps an eye on today Gold Rate in Pakistan and international markets on both daily and weekly basis. Find latest Gold prices updated on BOL news’s official website. You can also find international gold rates. The standards of gold rates are accumulated in London Bullion Market and sometimes by IMF as they have the sole authority.

INTERNATIONAL GOLD RATES

WeightRate
Gold 24K / Ounce $1907

GOLD RATE IN PAKISTAN TODAY 2020

BullionRates
[Gold 24K per 10 Grams]Rs. 99500
[Gold 24K per Tola]Rs. 116000
[Gold 22K per 10 Grams]Rs. 91208

OTHER CITIES, GOLD AND SILVER RATES IN PAKISTAN

CityGoldGoldGold
Pakistan24K 10 Grams24K Per Tola22K 10 Grams
KarachiRs. 99500Rs. 116000Rs. 91208
HyderabadRs. 99500Rs. 116000Rs. 91208
LahoreRs. 99500Rs. 116000Rs. 91208
MultanRs. 99500Rs. 116000Rs. 91208
IslamabadRs. 99500Rs. 116000Rs. 91208
FaisalabadRs. 99500Rs. 116000Rs. 91208
RawalpindiRs. 99500Rs. 116000Rs. 91208
QuettaRs. 99500Rs. 116000Rs. 91208

Gold is one of the most valuable and one of the most expensive materials. It is used for both personal and professional purposes on small and scale in Pakistan. It has a bright yellowish appearance and is used for its favorable metallic properties.

BOL News keeps an eye on the latest updates regarding the variation and trends in the prices on both daily and weekly basis. Find updated prices of Gold daily with the updated dates on BOL news’s official website. You can also find international gold rates. The standards of gold rates are accumulated in London Bullion Market and sometimes by IMF as they have the sole authority. The ancient civilization has first time used flakes of Gold and after that Gold has been found across the globe. Additionally, today it is found in the form of coinage, bars, and jewelry, etc.

Besides that, the United States, China, Australia, Russia, Canada, Australia, and South Africa are the famous country that has highest Gold reserves and worldwide markets will purchase it and circulated in their markets.

How are the prices updated?

Prices of gold are updated according to 24 k 10 grams, 24k per tola, 22k 10 grams and 10 grams. In addition to this, you will find the prices of gold not only in Karachi but in Lahore, Islamabad, Rawalpindi, Faisalabad, Quetta, Multan and other major areas.

What is ‘Tola’?

Gold is being sold based on per Tola, the measurement of Tola differs in countries. One Tola in Pakistan is equal to 12.5 grams.

1 Tola = 12.5 grams.

Where is gold use?

Gold is a metal and is used for several purposes. Some of these areas under.

  • It is used for investing purposes through buying and sale of Gold coins or bars.
  • It is also used as a currency in different countries.
  • Gold is widely used in dentistry as well.
  • It is used in the creation of other materials too such as medals, trophies, cups, awards, idols, sculptors as well.
  • Apart from that, gold is widely considered in the creation of valuable ornaments, jewelry, and clothing embroidery.

How is gold prices influenced?

Rates are increased in the global markets and Pakistan

  • When the prices become high globally
  • When the supply of gold is not enough and is short
  • And When the interest rate is increased
  • When bullying and selling rate of dollar is increased.