Gold Rate In Pakistan Today, 07th May 2021
Gold Rate in Pakistan today on 07th May 2021 is being sold for Rs.89420 per 10 grams, and the price of Gold is Rs.104300 per tola in Pakistan today..
International Gold Rates
|Gold 24K Ounce||$1754|
Updated 06th May 2021..Gold is considered as the best investment for future. Pakistani women love Gold jewelry and Gold is considered as good as cash. The Gold Rate in Pakistan is never fixed, it is fluctuating according to the international Gold rates. Mostly gold is imported in Pakistan from Gulf countries, the Gold Rate depends on the current Dollar rate. Gold is categorized according to its grade and quality. In Pakistan 22K and 24K gold is sold, which is measured as per tola and 10 grams weight.
Gold Rate today in Pakistan’s gold market is PKR 89,420 of 10 Grams. Gold is always considered as a precious and most valuable metal among different metals thereby, its significance and importance can’t be neglected.In Pakistan, Gold is widely used for different purposes such as gold jewelry. Today Gold rate in Pakistan for 24k per tola is Rs. 104,300, as per Saraf Jewelers Association. ………The gold price in Pakistan usually depends on different factors such as USD to PKR rate and fluctuation in international gold market. The purest form of gold is in 24K, whereas it is also available in 22K, 21K, 20K and 18K
Gold Rate In Pakistan, 07th May 2021
|Gold Rate||24K Gold||22K Gold||21K Gold||18K Gold|
|per Tola Gold||Rs. 104400||Rs. 95699||Rs. 91350||Rs. 78300|
|per 10 Gram||Rs. 89510||Rs. 82050||Rs. 78321||Rs. 67133|
|per Gram Gold||Rs. 8951||Rs. 8205||Rs. 7832||Rs. 6713|
Gold Rate In Pakistan Today
Karachi is the main hub of the gold market, in Pakistan, Karachi is leading for the gold price, every city follows Karachi Sarafa Bazar Association for the gold price, Today gold rates for different cities including Karachi, Lahore, Islamabad, Peshawar, and Quetta are the same.
Today Gold price in Pakistan Different Cites
|Location||24k 10g||24k per Tola||22k 10g|
|Pakistan||Rs. 85,500||Rs. 99,700||Rs. 78,374|
|Karachi||Rs. 85,500||Rs. 99,700||Rs. 78,374|
|Lahore||Rs. 85,500||Rs. 99,700||Rs. 78,374|
|Islamabad||Rs. 85,500||Rs. 99,700||Rs. 78,374|
|Rawalpindi||Rs. 85,500||Rs. 99,700||Rs. 78,374|
|Peshawar||Rs. 85,500||Rs. 99,700||Rs. 78,374|
|Quetta||Rs. 85,500||Rs. 99,700||Rs. 78,374|
Rates in Pakistan
The Rate of gold is determined in London Bullion Market. From there, a sort of an informal gold rate is determined that is implied in the world market and also sets a standard for price determination of most of the gold products. Many other aspects also play an important role in the pricing of gold.
If gold supply in the worldwide market is large then reasonable would be the purchase rates but if gold supply is short, obviously it would impact the Rate as more traders or markets would try to acquire gold leading to high prices. As value of Pakistani Rupee is considerably less than pound sterling, euro or dollar, it is no surprise that gold prices in Pakistan have always been outrageously high.
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