Gold rates in Pakistan have been quite unpredictable lately, often moving up or down in response to changes in the global trade.As of 14th July, another shift was seen in local gold prices. This change came about due to several reasons including global economic trends and the exchange rate of the Pakistani rupee
Local Gold Prices (24K)
According to the latest figures:
Purity | Per Tola (Rs) | 10 Grams (Rs) | One Gram (Rs) |
24K | 359,500 | 308,220 | 30,822 |
Gold in Pakistan is not quoted in just one way — most people refer to the price either per tola or per 10 grams. Among the different purities, 24-karat gold is what buyers usually go for because of its high quality. Right now, on 14 July, the price for one tola is sitting around Rs. 359,500. Even with all the financial stress people are dealing with lately, demand has not dropped much. In fact, the local gold market still looks pretty active.
Silver Prices in Pakistan (24K)
Silver, though less volatile than gold also showed minor adjustments:
Purity | Per Tola (Rs) | 10 Grams (Rs) | One Gram (Rs) |
24K | 4,100 | 3,515.1 | 351.5 |
International Market Trends
Commodity | Price (USD) |
Gold (Per Ounce) | $3,356.80 |
Silver | $38.42 |
Gold prices in the global market are currently around $3,356. It’s no surprise — with markets on edge, a lot of investors are still putting their trust in gold to keep their money safe. Silver has also seen a small bump and is now trading close to $38.40 an ounce. That’s mostly due to rising industrial use and ongoing inflation worries.Also read this: Gold Prices Reach Highest Level Ever in Pakistan