Search

Gold price increases by Rs3,500 per tola in Pakistan

Web Desk 06:39 PM | 1 Feb, 2023
Gold price increases by Rs3,500 per tola in Pakistan
Source: File photo

KARACHI – The gold price in Pakistan increased by Rs3,500 per tola on Wednesday.

As per the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24 carats gold increased by Rs3,500 per tola and Rs3,000 per 10 grams to settle at Rs205,000 and Rs175,754, respectively. 

Yesterday, the South Asian country registered highest single-day drop as the rupee slightly recovered against the US dollar. The price was slashed by Rs9,000 per tola.

The surge in the gold rate comes as the demand increased after the investors moved towards the yellow metal as Pakistan’s headline inflation accelerated to a record high level in January amid food supply constraints and a significant surge in the price of petroleum products.

International gold prices ticked lower today as investors kept to the sidelines ahead of the US Federal Reserve’s policy decision on its interest rate path due later in the day.

Web Desk
Web Desk

Daily Pakistan Global Web Desk

Advertisement

Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 20, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 20, 2023 (Monday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 282.7 285.7
Euro EUR 299.5 302.5
UK Pound Sterling GBP 341.5 345
U.A.E Dirham AED 77.25 78
Saudi Riyal SAR 75.2 76
Australian Dollar AUD 186 188.4
Bahrain Dinar BHD 753.69 761.69
Canadian Dollar CAD 204 206.2
China Yuan CNY 41.09 41.49
Danish Krone DKK 40.41 40.81
Hong Kong Dollar HKD 36.1 36.45
Indian Rupee INR 3.43 3.54
Japanese Yen JPY 2.6 2.11
Kuwaiti Dinar KWD 922.9 931.9
Malaysian Ringgit MYR 62.99 63.59
New Zealand Dollar NZD 174.91 176.91
Norwegians Krone NOK 26.69 26.99
Omani Riyal OMR 735.95 743.95
Qatari Riyal ‎QAR 77.37 78.08
Singapore Dollar SGD 206 208
Swedish Korona SEK 26.97 27.27
Swiss Franc CHF 304.79 307.29
Thai Bhat THB 8.24 8.39

Today's gold rates in Pakistan – 20 March 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 208,200 on Monday.The price of 10 grams of 24k gold was recorded at Rs178,500.  

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,849.  

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 208200 PKR 2390
Karachi PKR 208200 PKR 2390
Islamabad PKR 208200 PKR 2390
Peshawar PKR 208200 PKR 2390
Quetta PKR 208200 PKR 2390
Sialkot PKR 208200 PKR 2390
Attock PKR 208200 PKR 2390
Gujranwala PKR 208200 PKR 2390
Jehlum PKR 208200 PKR 2390
Multan PKR 208200 PKR 2390
Bahawalpur PKR 208200 PKR 2390
Gujrat PKR 208200 PKR 2390
Nawabshah PKR 208200 PKR 2390
Chakwal PKR 208200 PKR 2390
Hyderabad PKR 208200 PKR 2390
Nowshehra PKR 208200 PKR 2390
Sargodha PKR 208200 PKR 2390
Faisalabad PKR 208200 PKR 2390
Mirpur PKR 208200 PKR 2390

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter