Today Gold Rate in Pakistan on Friday, 02 Dec 2022, is Rs. 161,500 per tola for 24K, Rs. 148080 per tola for 22K, Rs. 121,153 for 21K, and Rs. 121,156 for 18K. You can find gold rates here based on Sarafa Jewelers Association and International Gold Market rates.
Gold Rate Today In Pakistan 02 December 2022
|Gold 24K per Tola||Rs. 161,500|
|Gold 24K per 10 Grams||Rs. 138,460|
|Gold 22K per Tola||Rs. 148,042|
|Gold 22K per 10 Grams||Rs. 126,922|
24k Gold Price In Pakistan Today, 02 Dec 2022
INTERNATIONAL GOLD RATES
|Gold 24K Ounce||$ 1781|
Today Gold Price In Pakistan | 24-Hour Gold Rate Live
The word gold means something pure, luxurious, and expensive. Our subcontinent culture heavily relies on gold as jewelry, increasing demand during the wedding season.
The latest today gold rate in Pakistan Today will help you determine whether you should use 19, 22, 22, or 24 carats of gold to make jewelry.
GOLD Price Today In Pakistan Live Updates
It is possible to find gold rates in different cities based on demand, interest rates, state taxes, gold traders, bullion associations, transportation costs, fabrication costs, etc. Pakistani investors are particularly fond of gold, which is a popular investment tool around the globe.
What Is Gold Rate Per Tola In Pakistan?
According to the latest updated price on 02 Dec 2022, 1 Tola Gold is priced at Rs. 161,500
How Many Grams In 22k Gold?
Usually, gold prices are calculated on a fractional basis, which is 22/24 for 22 Karat gold. There is, however, an alloy metal content of 8.33% and 91.67% in 22k gold. As a result, a 10g gold bar made of 22K alloy contains 9.1666 grams of gold.
How Many Grams Are In A Tola?
Different countries measure tola differently. However, one tola of gold is equivalent to 11.66 grams in Pakistan.
Today’s Gold Rate In Pakistan Overview
Several years ago, gold was widely used as an accessory in Pakistan. Now, it is used primarily as an investment tool by women. In any case, if we had discussed Gold Price, then the price of gold is accumulated at the London Bullion Market sometimes by the IMF, and they are the only ones with legal authority to determine its standard and price.
In addition, several factors affect the gold rate, so it fluctuates from time to time. However, due to the Pakistani Rupee’s low value compared to other world currencies, the Gold Rate in Pakistan is always at a higher level. As we can see from Gold Price Pakistan History, Pakistan has been facing a severe economic crisis and inflation.
What Factors Affect The Price Of Gold?
Currently, a number of factors will affect today’s gold rate in Pakistan and other global markets.
- The price of gold will ultimately rise when global demand is high.
- Due to central banks keeping gold reserves, gold’s supply will be short from the market, resulting in a high price.
- Gold rates increase when interest rates rise.
- Dollars and gold are closely related, so when the dollar rises, the gold rate also rises.