Today’s gold rate in Pakistan: Latest Update 21k, 22k, 24k, 20k

Last Updated 07, December, 2023

Gold Rate in Pakistan

Who does not want it today, whether it is jewellery or a gold-rated Pakistani medal? The word itself stands for purity and expansiveness. The Pakistani gold market in Asia is enormous because of the world’s two most gold-rich countries, Pakistan and India. Its value in Pakistan constantly fluctuates, so you don’t know when it will go up or be affordable, but its price in Pakistan is a curious topic. Everyone wants to know what its value is today in Pakistan.

ASSJA, which stands for All Sindh Saraf Jewellers Association, puts down its weekly prices for Pakistan. Its prices are set as per tola, which is 11.66 grams or 10 grams. ASSJA’s job is to develop its prices on a week-to-week basis.

Today, gold rates

So today, the gold rate per tola in Pakistan (6 February 2022), ASSJA sets 24k pure to be RS. 124,500, and the rate of gold in Pakistan today per gram is RS. 10,673.9, and similarly, the 10-gram price is RS. 106739. Its rate per ounce is RS 302,535, equal to 2.43 tolas. Today, the gold rate in Pakistan, at 24 k per tola, is high due to its composition because it contains 100% pure gold and not a single piece of other metal. Today, the gold rate in Pakistan in Urdu is RS 1 lakh, 20 Hazar, or 500 rupees.

Price in Pakistan based on purity  

22k Today’s rate in Pakistan is RS 114,200 for a tola, and for 10 grams, the price is set at RS 97,753. Similarly, RS 9775.3 is the price per gram of 22k pure. Also, the price per ounce (2.43 tola) of 22k pure is RS 277,506.

Over and above that, today, the gold rate in Pakistan per tola is 111,125 PKR for 21k pure, and its value for 21k purity per 10 grams is RS 95270. Similarly, the value per gram is Rs. 9527. And the price for an ounce (2.43 tolas) is RS 270,033.75.

Currently, the price in Pakistan per tola is RS 103749 20k pure, and for 10 grams, it is RS 88950; similarly, one gram will be RS 8895. Again, RS 252,110 is worth 1 ounce of 20k purity in Pakistan.

Today’s gold rate in Pakistan per tola of 19K pure is 97969.54 PKR, and for 10 grams, it is RS 80734.7. With that value per gram, the price will be RS 8073.47. The per-ounce value is RS 2806430.

Also, RS 95250.00 per tola is for 18k pure, the price for 10 grams is RS 80050, and one gram will be RS 8005. And 18k pure worth per ounce is RS 231,457.

CURRENT TODAY UPDATE
Last Updated: = (Source:Karachi Saraf Jewellers Association ) 07, December, 2023

INTERNATIONAL	Rate
Gold 24K Ounce	$ 1928

Rates in different cities  

Rates in the last five months

Prices every month have a huge difference in their worth and are unpredictable. The gold value per tola over the past few months has been as follows:

· February 2022, RS 124500

· January (2022) RS 125900 

· December 2021: RS125,900

· November 2021, RS 127000

· October 2021, RS 116000

Its value fluctuates between weeks. At times, they are lofty, and occasionally they are cheap. Here are the prices for the past five weeks set by ASSJA. Today, the gold rate in Pakistan per tola is 124,500 PKR, which is not expensive.

It’s worth per tola in the last five weeks is

· 31/1/2022 to 2/6/2022, RS 124.500

· 24/1/2022 to 31/1/2022 RS 127,000

· 17/1/2022 to 24/1/2022, RS. 125900

· 10/1/2022 to 14/1/2022 RS. 125300

· 3/1/2022 to 10/1/2022, RS 125900

As you can see, its value per tola in Pakistan and the weeks before are nearly the same on a week-to-week basis. There is a variation of a couple hundred, yet they are usually similar.

Gold rates per tola in significant cities are as follow

Gold Price Today In Major Cities Of Pakistan 07, December, 2023

Last 10 Days Gold Rates

Rates in the last five months  

Prices every month have a huge difference in their worth and are unpredictable. The gold value per tola over the past few months has been as follows:

· February 2022, RS 124500

· January 2022, RS 125900

· December 2021: RS125,900

· November 2021, RS 127000

· October 2021, RS 116000

Per Tola, every month shows a slight fluctuation compared to the rate in Pakistan today. As you can see, its value from October to November increased by RS 11000. So, it was the right time to buy it in October or August. So, keep yourself up-to-date on your monthly worth.

its rates throughout the years

The rate is a quick, drastic change throughout the year, but its prices always hike every day. So, the gold rate in the year 2022 currently, as per Tola, is RS 124500, and per gram, the rate is RS 10,673.9 for 24k pure.

Its rate in Pakistan in 2021 was RS 125900 per tola, and the per-gram rate was RS 10794 for 24k pure and 21k pure per tola in 2021. Its price was RS 110163.

Today gold rate in Pakistan for 2020 per tola was RS 113700 for 24k pure, and its price in Pakistan for 2020 per tola of 22k was RS 104224.

Similarly, its rate in 2019 for one tola and 24 k pure was RS 87,650. You can see that 2019 was a good price year because it was way low compared to today’s rates in Pakistan. And also, the rate was cheap.

And its prices in 2018 were also reasonable. It was Rs. 56,756 per tola of 24k pure.

Its worth was never the same after 2018 when it was cheap and affordable, and the hike from 2018 to 2020 is a huge difference. It was a good time for investors to invest in 24K pure in 2018 and then sell it in 2022 or wait for the prices to rise. 24k pure is best for investment purposes because it is the most expensive of them all. The gold rate in Pakistan today, 2021, per Tola, is not cheap. It is still at 124000 PKR.

So how is a 24k pure different from 22k,21k,20k and 18k  

24k   

24K pure is the purest of them all because of its composition. It contains 100% pure, soft gold and no other metal in its design. The 24k is suitable for investors to invest in for future trades. But indeed, it’s the most expensive one of them all.

Due to its gentleness, we can’t use it to make jewellery; it is used for investment purposes. Today, the rate of gold in Pakistan of 24k is RS 124500 for one tola.

22k  

Today’s gold rate in Pakistan of 22k contains 9% metal, so it’s not a 100% pure form. Similarly, it is 91% pure. Its rate in Pakistan today (2020) of 22k is affordable and used to make primarily lightweight jewellery. So, you can take on today’s gold rate in Pakistan. 22k per tola is way less than 24k because of their difference in purity.

Because of its softness, it is used to make lightweight wedding jewellery. In addition, it is abundantly used in Pakistan for wedding jewellery. Pakistan, today, per tola of 22k, will be RS 114,200.

21k  

21k pure value in Pakistan: 89% of pure gold and the other 11% of metals. Because its composition can be widely used in jewellery, it is heavyweight and lightweight because of its design. Presently, its value in Pakistan is one tola (111125 PKR).

18K  

Gold 18k is the cheapest, but 14k and 16k are more affordable and not widely used. Eighteen K purity contains 74% pure gold and 26% different metals.

Today, the gold value in Pakistan of one tola 18k is RS 95250.00.

So, which one should I consider?

It depends on your usage. So, if you want to invest and are an investor, today’s gold rate in Pakistan, 24k per tola, is best for you. Because you can support 24k, its rates will increase, and you will profit from

The rate in Pakistan, 24k per tola, is very high. They are not for jewellery because of their softness, so you can choose 20k pure, which is commonly used for jewellery purposes, or you can also use 22k purity for lightweight jewellery if you can afford today’s gold rate in Pakistan per tola 22k, which is RS. 114,200, which is quite expensive for jewellery.

So why are rates sky-high currently?

The gold rate price in Pakistan today per tola is RS 124,500. The dollar’s worth increased, so today’s rate in Pakistan, 24k per tola, will also increase. Moreover, compared to the dollar, the Pakistani rupee is much less, contributing to raising its worth.

Today’s gold price in Pakistan, in 2020, is relatively high due to the dollar’s rise. As the prices are high and it’s the wedding season, people in Pakistan are not stopping at any cost, so the demand increases.

Are these rates for selling it also?

The answer is no. Because it’s the price for a new one, for example, the cost of it today in Pakistan is 22k per tola, which is RS. 114,200, and if you want to sell it, it will be much less than the value of buying it. That is because the gold you own is used, and the shopkeeper you sell it to has his share. So, the price drops 15% from the original buying price. Its worth will decrease when sold.

International gold rate:

The international worth per ounce is $ 1807 (2.42 tolas). Pakistan’s values are way lower than that. Today, the gold rate in Pakistan is 22k per tola, or RS 114200.

However, the international market is stable and does not have to deal with its fast price fluctuation.

And its worth depends on country to country and their conversion rate compared to the dollar. As a result, the more a country’s currency is compared to the dollar, the higher its value.

Such International rates over fast few years

Year Wise	Dollar	Per Ounce
2022	$ 1817	per ounce
2021	$ 1740.64	per ounce
2020	$ 1769.64	per ounce
2019	$ 1392.6	per ounce
2018	$ 1268.49	per ounce
2017	$ 1257.12	per ounce

Pakistan and Gold  

Today, its rate in Pakistan’s 2021 doesn’t matter in front of the love and affection for it among Pakistani women. Women use it in every wedding and every function of their lives. Men use it for investment. Investors can buy it when they think it will rise and sell it whenever they feel it’s a good time.

Those who bought it in 2015 or 2017 can sell it at the rate currently in Pakistan today and profit from it.

So, it doesn’t matter if you are investing or buying jewellery. Gold will always be today’s gold rate in Pakistan and never be old.