Gold rate increases in Pakistan

Gold prices in Pakistan have recently been undergoing a series of fluctuations, capturing the attention of investors and consumers alike. Over the past weeks, the gold market in Pakistan has witnessed shifts driven by global economic conditions, geopolitical events, and local demand dynamics.

On August 30, 2023, the price of gold in Pakistan stood at Rs. 233,000 per tola for 24-karat, while the cost for 10 grams of the precious metal was Rs. 199,760 in the local bullion market. These rates are consistent across different sources in the local markets of Karachi and Multan.

It’s worth noting that the gold rates tend to remain relatively consistent across the country, with slight variations of a few hundred rupees observed in different cities. Additionally, the Gold Price in Pakistan experiences fluctuations throughout the day, leading to updates on multiple occasions.

The rate for a single tola of 24-karat gold on this date is Rs. 233,000, with a minor difference in various cities. These rates originate from the Gold Market in Karachi and Multan, with updates occurring at least twice daily to ensure accurate information throughout the day.

In terms of 22-karat gold, the price is Rs. 213,583 per tola, and for 10 grams, it’s Rs. 183,113, as per the bullion market data.

These Gold Prices in Pakistan are consistent across major cities like Karachi, Lahore, Islamabad, Peshawar, Faisalabad, Hyderabad, Rawalpindi, Quetta, and Multan. The variation between gold rates in these cities is minimal, usually just a few hundred rupees.


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