The gold rate in Pakistan on 12th October 2023 has kicked off with a pleasant surprise for gold enthusiasts. The rate of 24-karat gold has dropped to 207,900 per tola, whereas 22-karat gold can now be acquired at Rs196,807 per tola. For those who prefer smaller quantities, the rates are even more attractive. Currently, you can get 10 grams of 24-karat gold at Rs169,753 and 10 grams of 22-karat gold at Rs155,607. It’s important to note, however, that the gold rate in Pakistan can fluctuate frequently due to global market trends. But for now, it’s an exciting start for gold enthusiasts who are looking for a good deal.
Gold Rate In Pakistan Today 12 october 2023
| Gold Price | 24K Gold Rate Today | 22K Gold Rate Today |
| per Tola Gold | Rs.207,900 | Rs.196,807 |
| per 10 Grams | Rs.78,240 | Rs.168,730 |
| per Gram Gold | Rs.17259 | Rs. 15325 |
Today Gold Rates in Major Cities Of Pakistan 12 October 2023
| City | Gold | Silver |
| Lahore | PKR 207,900 | PKR 2,300 |
| Karachi | PKR 207,900 | PKR 2,300 |
| Islamabad | PKR 207,900 | PKR 2,300 |
| Peshawar | PKR 207,900 | PKR 2,300 |
| Quetta | PKR 207,900 | PKR 2,300 |
| Sialkot | PKR 207,900 | PKR 2,300 |
| Attock | PKR 207,900 | PKR 2,300 |
| Gujranwala | PKR 207,900 | PKR 2,300 |
| Jehlum | PKR 207,900 | PKR 2,300 |
| Multan | PKR 207,900 | PKR 2,300 |
| Bahawalpur | PKR 207,900 | PKR 2,300 |
| Gujrat | PKR 207,900 | PKR 2,300 |
| Nawabshah | PKR 207,900 | PKR 2,300 |
| Chakwal | PKR 207,900 | PKR 2,300 |
| Hyderabad | PKR 207,900 | PKR 2,300 |
| Nowshehra | PKR 207,900 | PKR 2,300 |
| Sargodha | PKR 207,900 | PKR 2,300 |
| Faisalabad | PKR 207,900 | PKR 2,300 |
| Mirpur | PKR 207,900 | PKR 2,300 |
It is important to note that the gold rate in Pakistan is not fixed and is subject to fluctuation according to the international market. The rates provided above are sourced from local gold and Sarafa markets in various cities across the country, including Lahore, Karachi, Islamabad, Peshawar, Quetta, Sialkot, Attock, Gujranwala, Jehlum, Multan, Bahawalpur, Gujrat, Nawabshah, Chakwal, Hyderabad,Nowshehra,Sargodha, Faisalabad, and Mirpur.
The price of gold is a topic that always interests people around the world. In Pakistan, this precious metal holds cultural and financial significance for many individuals and is often seen as a symbol of wealth and prosperity.
Understanding the Fluctuating Gold Rates in Pakistan
As mentioned earlier, the gold rate in Pakistan is not fixed and fluctuates according to the international market. This means that the price of gold can change on a daily basis, making it important for individuals to stay updated on the current rates.
On October 12, 2023, the price of a single tola (11.66 grams) of 24-karat gold in Pakistan was recorded at Rs201,300. This is the price provided by local gold markets and Sarafa Markets of different cities including Lahore, Karachi, Islamabad, Peshawar, Quetta, Sialkot, Attock and more.
Factors Affecting Gold Rates in Pakistan
There are several factors that can influence the price of gold in Pakistan. These include:
- International market trends
- Unveiling the ever-evolving journey of the Pakistani rupee’s value!
- Political and economic conditions
Why is Gold So Important in Pakistan?
Gold has been a significant part of Pakistan’s history, customs, and traditions. It is often used as a form of investment, especially during times of economic uncertainty or inflation. Additionally, gold is also an important asset during weddings and other cultural celebrations in the country.
Future Predictions for Gold Rates in Pakistan
While it is impossible to accurately predict the future rates of gold, many experts believe that the price of this precious metal will continue to rise over time due to its increasing demand globally and limited availability.
FAQ:
What is the price of 1 tola gold in Pakistan today?
As of today, the gold rate in Pakistan stands at Rs201,300 for 1 Tola. This price may vary slightly depending on location and jeweler.
What is the exact rate of gold in Pakistan?
The exact rate of gold in Pakistan can fluctuate daily due to various factors such as making charges, the price of mixed alloys, and purity. The prices mentioned in this FAQ are subject to change.
What is the price of 21k gold in Karachi today?
If you are looking for the price of 21 karat gold in Karachi, it is currently available at Rs176,138 per Tola.
What is the gold 24-carat today in Pakistan?
The current price for 1 tola of 24 karat gold in Pakistan is Rs201,300. For 23 karat gold, the price for 10 grams stands at Rs172,590.
What is the price of 1 gram gold in Pakistan?
For those looking to purchase smaller quantities of gold, the price of 1 gram of 24 karat gold in Pakistan is currently at Rs17,259. If you prefer 21 karat gold, the price for 1 gram stands at Rs15,821.
Conclusion
The gold rate in Pakistan is a topic of great interest to many individuals, and it is important to stay updated on the current rates in order to make informed decisions regarding investments or purchases. It is also fascinating to observe the fluctuations in prices and understand the various factors that can affect them. So if you’re planning on buying gold in Pakistan, remember that the price may not remain constant, but its value as a precious metal and cultural symbol will always remain significant. So keep an eye on the gold rates, stay informed, and make wise decisions.
