The gold prices in Pakistan have been experiencing fluctuations and reaching historic highs, impacting various aspects of the economy and investment landscape. Here’s an in-depth look at the latest updates and analysis related to the gold Rates in Pakistan.
Today Gold Rates In Pakistan
The gold rate in Pakistan has seen recent increases, with the latest data showing the price of 24-carat gold at PKR 220,350 per tola and Rs 188,920 per 10 grams.
Different Cities Gold Price in Pakistan 1 March 2024
| City | Gold | Silver |
| Karachi | PKR 220,350 | PKR 2,450 |
| Lahore | PKR 220,350 | PKR 2,450 |
| Islamabad | PKR 220,350 | PKR 2,450 |
| Peshawar | PKR 220,350 | PKR 2,450 |
| Quetta | PKR 220,350 | PKR 2,450 |
| Sialkot | PKR 220,350 | PKR 2,450 |
| Hyderabad | PKR 220,350 | PKR 2,450 |
| Faisalabad | PKR 220,350 | PKR 2,450 |
Affecting Gold Prices
The fluctuation in gold prices is influenced by various factors including demand and supply, the value of the rupee against the US dollar, international prices, interest rates, and investor behavior.
Gold prices in Pakistan are also impacted by the country’s foreign exchange reserves situation and the overall economic stability.
International Comparison
The international gold market trends, such as the movement of the US dollar and global commodity prices, have a direct impact on the gold rates in Pakistan.
Conclusion
Gold prices in Pakistan are influenced by various intricate factors, impacting not just the financial markets but also shaping broader economic conditions and consumer actions. Grasping these dynamics is vital for both investors and policymakers to make informed decisions.