Today Gold Rate in Pakistan – 2 March 2024 | Gold Price Daily Updates & News

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Today Gold Rate in Pakistan on Wednesday 2 March 2024 is 221,000.000 per tola for 24K, Rs. 202,583.333 per tola for 22K per 10 grams, Rs. 193,375.000 for 21K, and Rs. 165,750.000 for 18K per 10 gram. You can find gold rates here based on Sarafa Jewelers Association and International Gold Market rates.

Gold Rate Today In Pakistan 2 March 2024

Gold Rate24K Gold22K Gold21K Gold18K Gold
Per Tola Gold221,000.000202,583.333193,375.000165,750.000
Per 10 Gram Gold189,480.000173,690.000165,795.000142,110.000
Per 1 Gram Gold18,948.00017,369.00016,579.50014,211.000
Per Ounce537,030.000492,277.500469,901.250402,772.500

INTERNATIONAL GOLD RATES

Gold 24K Ounce$2054.30

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 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 The Gold Rate Per Tola In Pakistan?

According to the latest updated price on 2 March 2024 1 Tola Gold is priced at Rs 221,000.000.

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 the price of gold, then the price of gold is sometimes accumulated at the London Bullion Market 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 occasionally. 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 the Gold Price Pakistan History, Pakistan has been facing a severe economic crisis and inflation.

What Factors Affect The Price Of Gold?

Several 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 increases.

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