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Gold price in Pakistan sees a massive fall on fourth consecutive day
KARACHI – Gold prices plunged in domestic market on Friday inline with downward trend in the international market.
The price of per tola gold decreased by Rs4,000 to close at Rs212,500 while the price of 10 grams of 24 carats gold plunged by Rs3,430 to settle at Rs182,184, according to the All-Pakistan Sarafa Gems and Jewellers Association’s (APSGJA) data.
In the international market, the price of the precious commodity decreased by $2 to settle at $1,923 per ounce.
Meanwhile, the price of silver remained constant at Rs2,700 per tola and Rs2,314.81 per 10 grams, respectively.
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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 10 Dec 2023
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Sunday.
Dollar Rate in Pakistan Today
On Sunday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.
Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
| Currency | Symbol | Buying | Selling |
| US Dollar | USD | 283.4 | 285.95 |
| Euro | EUR | 307 | 310 |
| UK Pound Sterling | GBP | 358.5 | 362 |
| U.A.E Dirham | AED | 77.2 | 78 |
| Saudi Riyal | SAR | 76 | 76.8 |
| Australian Dollar | AUD | 187.2 | 189 |
| Bahrain Dinar | BHD | 755.82 | 763.82 |
| Canadian Dollar | CAD | 209 | 211 |
| China Yuan | CNY | 39.82 | 40.22 |
| Danish Krone | DKK | 41.14 | 41.54 |
| Hong Kong Dollar | HKD | 36.37 | 36.72 |
| Indian Rupee | INR | 3.41 | 3.52 |
| Japanese Yen | JPY | 1.39 | 1.45 |
| Kuwaiti Dinar | KWD | 922.14 | 931.14 |
| Malaysian Ringgit | MYR | 60.82 | 61.42 |
| New Zealand Dollar | NZD | 175.33 | 177.33 |
| Norwegians Krone | NOK | 26.12 | 26.42 |
| Omani Riyal | OMR | 738.71 | 741.76 |
| Qatari Riyal | QAR | 78.07 | 78.77 |
| Singapore Dollar | SGD | 211 | 213 |
| Swedish Korona | SEK | 27.32 | 27.62 |
| Swiss Franc | CHF | 324.5 | 327 |
| Thai Bhat | THB | 8.08 | 8.23 |
Gold price drops in Pakistan; Check out today gold rates here
Gold prices decreased in local markets in line with the trend in the international market.
Gold Rates in Pakistan Today - 10 December 2023
On Sunday, the price of a single tola of 24-karat gold stands at Rs216,300, and 10 grams of 24k gold costs Rs185,450.
Single tola of 22 Karat Gold price costs Rs198,274, 21 karat rate per tola costs Rs189,263 and 18k gold rate is Rs162,225 for each tola.
In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Sunday.
Today Gold Rate in Pakistan
| City | Gold | Silver |
| Lahore | PKR 216,300 | PKR 2,486 |
| Karachi | PKR 216,300 | PKR 2,486 |
| Islamabad | PKR 216,300 | PKR 2,486 |
| Peshawar | PKR 216,300 | PKR 2,486 |
| Quetta | PKR 216,300 | PKR 2,486 |
| Sialkot | PKR 216,300 | PKR 2,486 |
| Attock | PKR 216,300 | PKR 2,486 |
| Gujranwala | PKR 216,300 | PKR 2,486 |
| Jehlum | PKR 216,300 | PKR 2,486 |
| Multan | PKR 216,300 | PKR 2,486 |
| Bahawalpur | PKR 216,300 | PKR 2,486 |
| Gujrat | PKR 216,300 | PKR 2,486 |
| Nawabshah | PKR 216,300 | PKR 2,486 |
| Chakwal | PKR 216,300 | PKR 2,486 |
| Hyderabad | PKR 216,300 | PKR 2,486 |
| Nowshehra | PKR 216,300 | PKR 2,486 |
| Sargodha | PKR 216,300 | PKR 2,486 |
| Faisalabad | PKR 216,300 | PKR 2,486 |
| Mirpur | PKR 216,300 | PKR 2,486 |
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