Gold rates in Pakistan increase, Dec28

Web DeskDecember 28, 2023
Gold rates in Pakistan increase, Dec28

In a reflection of the global market’s momentum, gold prices experienced a significant surge in Pakistan, capturing the attention of investors and consumers alike. The latest figures for gold rates in Pakistan, as of December 28, 2023, underscore a notable shift in the precious metal’s valuation.

As of Thursday, the rates stood as follows:

  • A single tola of 24 Karat gold was marked at Rs220,600.
  • 10 grams of gold were priced at Rs189,129.

Diving into the specifics, the valuation for various karats showcased distinct figures:

  • 22 Karat gold held a value of Rs201,024.
  • 21 Karat gold was priced at Rs191,890 per tola.
  • 18 Karat gold maintained a hovering price of around Rs164,475 per tola.

This surge in gold prices parallels the international market’s movement, where the price of this precious metal escalated by $21.30, reaching an impressive $2,087.

Amidst economic uncertainty, gold rates in Pakistan have displayed a level of volatility. This fluctuation has, in turn, triggered a growing inclination among individuals to perceive gold as a secure investment during times of financial unpredictability.

The surge in gold prices locally, mirroring the global trajectory, highlights the enduring appeal of gold as a reliable asset in turbulent economic climates. Investors and consumers continue to monitor these fluctuations, considering gold as a safe haven amidst the prevailing uncertainties in the financial landscape.

Today Gold Rate in Cities in Pakistan

City Gold Silver
Lahore PKR 220,600 PKR 2,560
Karachi PKR 220,600 PKR 2,560
Islamabad PKR 220,600 PKR 2,560
Peshawar PKR 220,600 PKR 2,560
Quetta PKR 220,600 PKR 2,560
Sialkot PKR 220,600 PKR 2,560
Attock PKR 220,600 PKR 2,560
Gujranwala PKR 220,600 PKR 2,560
Jehlum PKR 220,600 PKR 2,560
Multan PKR 220,600 PKR 2,560
Bahawalpur PKR 220,600 PKR 2,560
Gujrat PKR 220,600 PKR 2,560
Nawabshah PKR 220,600 PKR 2,560
Chakwal PKR 220,600 PKR 2,560
Hyderabad PKR 220,600 PKR 2,560
Nowshehra PKR 220,600 PKR 2,560
Sargodha PKR 220,600 PKR 2,560
Faisalabad PKR 220,600 PKR 2,560
Mirpur PKR 220,600 PKR 2,560

The trend in gold rates, both domestically and internationally, remains a focal point for investors, offering insights into the broader economic landscape and reflecting sentiments and behaviors surrounding safe-haven assets in times of market flux.

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