Gold Rate in Pakistan Today: Daily Updates

On October 5, the price of 24K gold in Pakistan reached PKR. 277,900 per tola, while 22K gold is priced at PKR. 252,906. These rates come from updates provided by Pakistan’s Sarafa Jewelers Association and the International Gold Market. However, slight variations in gold prices are observed across different cities.

You can also check the detailed prices for all categories of gold, including 24K, 22K, 21K, and 18K, in the table below, which is regularly updated.

Gold Price in Pakistan Today October 5, 2024

Gold Purity	Per Tola	Per 10 Gram
24 Karat	Rs. 277,900	Rs. 236,500
22 Karat	Rs. 252,906	Rs. 216,790
21 Karat	Rs. 241,413	Rs. 236,500
18 Karat	Rs. 206,925	Rs. 177,375

You can check also: Petrol Price in Pakistan Today

Gold Purity Types in Pakistan:

There are many types of purity of gold, but people mostly like to consider 4 types. These types contain 75% to 99% gold in purity with different prices in the market. Here are these types in detail:

24 Karat Gold: It is the purest form of gold and contains 99.9% gold. It is soft and malleable, making it less suitable for making jewelry.
22 Karat Gold: This gold contains 91.6% purity, and the remaining 8.4% is other metals like silver, copper, or zinc. It is more durable than 24K gold and mostly used in jewelry.
21 Karat Gold: 22K contains 87.5% pure gold and 12.5% other metals, such as copper, silver, or zinc. This type of purity makes it suitable for jewelry and ornaments, especially popular in the Middle East and Asia.
18 Karat Gold: This gold is 75% pure and mixed with 25% of other metals, making it more durable and suitable for jewelry, especially in intricate designs.

Gold prices are primarily determined in the London Bullion Market, and at times, the International Monetary Fund (IMF) plays a role due to its significant presence in the global market.

Gold Price Trend in Pakistan:

The price trend of gold over the past 10 days described here, helps you gauge how gold rates have fluctuated. This insight can assist in making informed buying or selling decisions.

These prices reflect the other industries, like steel prices in Pakistan, which always change like gold regularly.

Gold has been a part of Pakistani culture for years, particularly for women who use it as jewelry, while many businesspersons buy and sell gold as part of their trade.

Gold rates in Pakistan are often higher because the Pakistani rupee is considered weaker than other international currencies, which is why gold prices in Pakistan rarely remain stable for long periods.

Disclaimer: The gold prices provided here are based on third-party sources specialized in this industry. These details are for general information only. Verifying the rates before making any decisions is always recommended.