Last Updated:= (Source:Karachi Saraf Jewellers Association ) Date 05, October, 2024
Gold 24K per 10 Grams 213,306 USD $766.91
Gold 24K per Tola Rs.249,000 USD $895.19
Gold 22K per 10 Grams Rs. 195,531 USD $702.94
Gold 22K per Tola Rs. 228,126 USD $820.13
Get an idea about the gold rate in Pakistan today, 2021.
Considering that the new series of rupees will lose value as soon as they enter circulation, Some reports indicate that bank employees have been attacked because they refuse to exchange the gold coins for their new notes. You can call it a wise precaution.
Developers are offering long-term contracts to buy land from the government for a low price, while the government has already started selling land for a low price. Gold is a good investment, but real estate is better than gold. Today, if you want to buy it,
Per Tola Rate in Pakistan
In addition to being for sale, these properties can serve as collateral for loans should you require one in the future. Furthermore, although gold prices have risen recently, land prices have fallen significantly.
Therefore, an acre of land has gone down since the rupee devalued. Gold is a better investment than property for the following reasons:
Gold Rates
We all know that gold has always been one of the best investments in Pakistan. Pakistani women are fond of wearing jewelry pieces made from gold material. In short, gold is not less than cash.
But the gold rate in Pakistan is something that is never fixed. It is something you might look at as fluctuating and, hence, changing all the time. The rate of gold in the market is, hence, basically based on the current price of the dollar.
There is no fluctuation in property prices.
Thus, the gold is all categorized based on quality and grade. In Pakistan, 24K and 22K gold are all sold.
Major Reasons Why Investing in Gold is Better Than Property Investment Since the introduction of the new currency, the Pakistani government has advised people to be cautious with gold purchases.
Gold Rate in Pakistan
It is generally measured as per the tola gold rate in Pakistan today and 10 grams in weight. Jewelry made of gold is often seen to have huge costs based on the design or the product you are purchasing or investing in.
If we talk about the current price, then the current gold rate in the Pakistan market is Rs. 103,000 per 10 grams and Rs. 120,100 per tola. These rates are set the same in all cities in Pakistan.
Comparison Table on Gold Rates in Major Cities of Pakistan Now let's talk about the per-tola gold rate in Pakistan today for a few major cities, i.e., Lahore, Karachi, Islamabad, and Peshawar. Here is a table discussion for you below.
Major Reasons Why Investing in Gold is Better
Unlike the per-tola gold rate in Pakistan, real estate values are not speculation. Land prices haven't increased, even though gold prices have risen dramatically. You will still be able to successfully sell your property even if Pakistan's per-tola gold rate has risen or is about to fall. Property is in high demand.
Governments, corporations, and other large organizations usually buy land. Because of this, they can buy large tracts of land. Because gold is typically used to make jewelry and other accessories, its demand is quite limited.As a result, the per-tola gold rate in Pakistan fluctuates a lot, rising and falling quickly. As a result, gold is difficult to predict in terms of the per-tola gold rate in Pakistan in the future, which makes it a lousy investment.
There is a Rate of High Profit
Property prices somehow do not fluctuate as often as the gold rate in Pakistan today, so it is easy to determine how much profit you will eventually make from each transaction. A $1,000 piece of land will earn $1,000 if the price increases to $2,000 after purchasing it. For instance, if the gold rate in Pakistan today rises from $3,000 to $4000, you'll make $500, rather than the higher price you were hoping for. Although this is a significant difference, it's also true that the future gold rate in Pakistan, 22k per tola, cannot be predicted.
Major Cities in Pakistan
05, October, 2024| 24K PER TOLA | 22K PER TOLA | Change | |
|---|---|---|---|
| Karachi | Rs. 220,600 | Rs. 189,129 | +0.4% |
| Lahore | Rs. 220,600 | Rs. 189,129 | +1.3% |
| Faisalabad | Rs. 220,600 | Rs. 189,129 | -0.9% |
| Rawalpindi | Rs. 220,600 | Rs. 189,129 | +2.2% |
| Gujranwala | Rs. 220,600 | Rs. 189,129 | +3.75% |
| Peshawar | Rs. 220,600 | Rs. 189,129 | -2.88% | Multan | Rs. 220,600 | Rs. 189,129 | +0.4% |
| Hyderabad | Rs. 220,600 | Rs. 189,129 | +1.3% |
| Islamabad | Rs. 220,600 | Rs. 189,129 | -0.9% |
| Quetta | Rs. 220,600 | Rs. 189,129 | +2.2% |
| Bahawalpur | Rs. 220,600 | Rs. 189,129 | +3.75% |
| Sargodha | Rs. 220,600 | Rs. 189,129 | -2.88% |
Major Cities in Pakistan
05, October, 2024| 24K PER TOLA | 22K PER TOLA | Change | |
|---|---|---|---|
| Sialkot | Rs. 220,600 | Rs. 189,129 | +0.4% |
| Sukkur | Rs. 220,600 | Rs. 189,129 | +1.3% |
| Larkana | Rs. 220,600 | Rs. 189,129 | -0.9% |
| Rahim Yar Khan | Rs. 220,600 | Rs. 189,129 | +2.2% |
| Sheikhupura | Rs. 220,600 | Rs. 189,129 | +3.75% |
| Jhang | Rs. 220,600 | Rs. 189,129 | -2.88% | Dera Ghazi Khan | Rs. 220,600 | Rs. 189,129 | +0.4% |
| Gujrat | Rs. 220,600 | Rs. 189,129 | +1.3% |
| Sahiwal | Rs. 220,600 | Rs. 189,129 | -0.9% |
| Khanewal | Rs. 220,600 | Rs. 189,129 | +2.2% |
| Mardan | Rs. 220,600 | Rs. 189,129 | +3.75% |
| Kasur | Rs. 220,600 | Rs. 189,129 | -2.88% |
What is Per Tola Gold Rate
in Pakistan today?
We all know that Pakistan has become popular as the net importer of gold. If the rate of gold has increased in the international market, then it is obvious that the price will be increased equally in the Pakistan market.
All Sindh Saraf Jewellers Association (ASSJA) is responsible fo
What is the Per Tola Gold Rate
in Pakistan today?
We all know that Pakistan has become popular as the net importer of gold. If the rate of gold has increased in the international market, then it is obvious that the price will increase equally in the Pakistan market.
The All Sindh Saraf Jewellers Association (ASSJA) is responsible for determining the price of gold in the Pakistan market. They arrange the gold rate per tola in Pakistan today for the local markets six days per week, from Monday to Saturday.
Besides the change in the international price, the parity in the rupee-dollar will also have an impact on the local gold rate per tola in Pakistan today.
How to Invest in Gold Rate in Pakistan?
Generally, the gold demand in the Pakistani market takes place due to two major sources. These are the jewelry markets and the investors. To invest in gold, you can have it purchased in different forms. This can be either bullion coin forms or the bullion bar. In addition, collectible gold coins can often be a feasible option. You can often use gold jewelry as a major investment and not for adornment purposes. Below, we have discussed a few interesting ways to invest in gold in Pakistan. r determining the price of gold in the Pakistan market. They arrange the gold rate per tola in Pakistan today for the local markets six days per week, from Monday to Saturday.
Besides the change in the international price, the parity in the rupee-dollar will also cause an impact on the local gold rate per tola in Pakistan today.
How to Invest in Gold rate in Pakistan?
Generally, the gold demand in the Pakistan market takes place due to two major sources. These are the jewelry markets and the investors. To invest in gold, you can have it purchased in different forms. This can be either bullion coin forms or the bullion bar.In addition, collectible gold coins can often be a feasible option. You can often use gold jewelry as a major investment and not for adornment purposes. Below, we have discussed a few interesting ways to invest gold in Pakistan.
Gold Mining Stocks
Investing in gold mining stocks is quite similar to investing in the stock market. But the difference comes in looking for the companies involved in selling gold mining stocks. The way these stocks will hence perform will be based on the gold rate in Pakistan today, 2021.
· Physical Gold
Investing in some physical gold pieces is the oldest method of gold investment. If you are buying gold, you are making a gold investment. Therefore, physical gold is divided into various types: bars, coins, and jewelry.· Gold Bars and Coins
Coins and gold bars are quite similar to one another. But they are generally made from pure gold and do not contain any charges. To invest in some physical gold, choosing coins and gold bars is a profitable option to consider.
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Conclusion
Right through this guide, we have given you all the details about the gold price in Pakistan and why you should invest in it. Now you decide why investing in the gold rate in Pakistan is the best option over property investment.You should research the gold rate per tola in Pakistani gold products and see which one is a great investment measure for a profitable future.Go for it now!