Gold Rate in Pakistan | Live Updated Prices – 2023

24 Carat Gold Price In Pakistan:
0.427 (PKR) Per Gram

The Gold rate in Pakistan is primarily in big numbers as compared to other countries. Let’s look into it, but first of all we discuss the gold insights. Whenever we mention gold, it refers to something pure, exquisite, and expensive. The mining, circulation, and ownership of this precious metal have lasted for several years for a reason. Over the last few years, however, Pakistan’s gold rate has risen significantly.

The London Bullion Market is the place where gold pricing is determined. Dollar, Euro, and Pound Sterling have much higher values than Pakistan Rupee. The reason why gold prices in Pakistan are so much higher than those in other countries can be explained by this aspect.

Future investments in gold are considered to be the best. In Pakistan, gold jewelry is loved by women, and gold is regarded as valuable as cash.

Regardless, you can find whatever you are looking for in the table below of prices

*these rates are taken from some reliable sources of the industry.

There are different grades and qualities of gold. There is 22K and 24K gold in Pakistan, which weighs 10 grams and by tola. Tola is a measuring unit of gold, it will be discussed in a while.

The design of gold jewelry plays a role in the production costs of the product. Due to cultural values as well as investment reasons, the demand for gold in Pakistan is high.

Gold is an essential part of the culture. For example, a bride’s wedding is incomplete if she do not wear gold jewellery. As a result, it directly creates opportunities for business in the jewellery industry.

Gold Rate In Pakistan Per Gram, Kilo, Ounce

Various gold prices in Pakistan are shown in the following table (ounces, tolas, grams, kilograms, etc.).  

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Below is the graphical representation of the information, you will get in this article.

To help you understand how this guide flows and what it covers, we outline the following topics.  

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Factors that impact on gold rate in pakistan

• The price of gold will eventually increase when the demand for gold is high in the international market.
• In Pakistan, the gold price also rises when interest rates rise.
• Since the central bank wants to keep it in reserves, gold’s price rises when supply decreases in the market.
• Due to its close association with the dollar, gold’s price increases when the value of the dollar rises.

Gold Carat rates in Pakistan

This bird’s eye view will give you a general idea of gold carat prices.

You will find the prices per gram, per 10 grams, per Tola, per Aana, and per ounce in the table below, to know more about gold price in Pakistan.

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Gold Measurements

In Pakistan, gold weight is also measured in grams, kilograms, and tolas.

• Approximately 11.6638038 grams of gold weigh one tola, 31.1034768 grams per ounce, and 1,000 grams per kilogram.
• 1 Tola = 11.66 grams
• 1 Ounce = 31.1034 grams
• 1 Kilograms = 1000 grams
• The weight of gold is measured in troy ounces (1 troy ounce = 31.1034768 grams), whereas its purity is measured in “carats”. The caratage of gold alloyed with other metals is the measure of purity.

The tools below allow you to convert gold weight between different units:-

Gold Rates in Pakistan | Calculator

From here, you can calculate the quantity of gold for any number of items

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Gold Color Types

Pakistani gold jewelry is available in a variety of shades. Yellow gold is the predominant color in Pakistani jewelry shops.

Pakistani jewelry shops also sell white gold along with yellow gold. Rose gold and green gold are two other gold colors available in Pakistan.

It is unlikely that Pakistanis will be able to obtain white gold due to its almost nonexistent domestic market.

Imported Gold

Additionally, gold is imported by Thailand from Singapore and Hong Kong through a parallel “grey” market.

Although gold is unofficially imported from Thailand, it is nevertheless highly priced.

The production of Pakistani gold is also extremely limited, making it a very precious metal.

Gold Investment | Jewellery

As gold barely loses any value at the moment, it is probably quite a safe investment. Because of the cultural ties and the Jewelry business in Pakistan, gold is also very popular. The conversion of gold into cash is very easy throughout the country. There are several forms of gold, depending on the purity, such as 24K, 22K, etc, each weighing 10 grams or 1 tola.

Almost everywhere there is a jewelry store, and women tend to buy gold or replace their jewelry regularly. In addition to gold rates per weight and quality, jewelers also charge making costs for converting existing jewelry or designing new jewelry. 

Gold Rates issuing authority

Pakistan is a net importer of gold, so a rise in the price of gold on international markets automatically affects the price on the domestic market. Throughout the week from Monday to Saturday, gold prices in Pakistan are determined by the All Sindh Saraf Jewellers Association (ASSJA).

Besides the impact of changes in international prices, the rupee-dollar parity also plays a role in local pricing.

Gold Carats In Pakistan

Various carats and their respective Hallmark of Gold jewelry are as follows:

There are six types of hallmarked gold sold in Pakistan jewelry stores:

• 375 hallmarked gold (9 carat gold)
• 585 hallmarked gold (14 carat gold)
• 750 hallmarked gold (18 carat gold)
• 875 hallmarked gold (21 carat gold)
• 916 hallmarked gold (22 carat gold)
• 958 hallmarked gold (23 carat gold)
• 999 hallmarked gold (24 carat gold)

24 Carat Gold

Since 24k gold is soft and bends easily, it isn’t used as often as one might think in jewelry. It cannot therefore be made into engagement rings or bracelets. Instead, 24k gold is mostly found in coins, bars, electronic devices, and medical devices. As well as coins, jewelry, and coins for special occasions, 24k gold is used to make medical devices and electronics.

22 carat gold

Gold jewellery can be made from the weakened form of the metal. A mixture of several metals, such as silver and nickel, will have fewer impurities and become stronger than the individual metals.

Having impurities in gold reduces the color’s brightness compared to 24-karat gold. Gold is 22 parts gold and 2 parts impurities.

Read more to know the Today’s 22k gold rate per Tola in Pakistan.

18 Carat Gold

Gold constitutes 75% of the composition, while other alloys or metals constitute 25%. It may be a good idea to opt for 18k gold jewelry if you are watching your budget and want a gold piece made entirely of gold. The hypoallergenic properties of 18k gold make it a better combination for people with sensitive skin than 10k or 14k.

18k gold is robust and dependable, so it makes a great engagement ring, wedding band, bracelet, earrings, necklace, and earring metal.

Historical Prices for All Gold Carats

Making accurate gold price predictions requires the study of historical gold prices 

DATE	24k Price (PKR)	22k Price (PKR)	21k Price (PKR)	18k Price (PKR)	14k Price (PKR)
8 December 2023	18532.8	16987.1	16213.1	13895.4	10814.1
7 December 2023	18525.5	16980.4	16206.7	13889.9	10809.8
6 December 2023	18527.4	16982.1	16208.3	13891.3	10810.9
5 December 2023	18415.8	16879.9	16110.7	13807.7	10745.8
4 December 2023	18909.8	17332.7	16542.9	14178	11034.1
3 December 2023	18754.8	17190.6	16407.3	14061.8	10943.6
2 December 2023	18989	17405.2	16612.1	14237.4	11080.3
1 December 2023	18717.7	17156.6	16374.8	14034	10922
30 November 2023	18801.9	17233.8	16448.5	14097.1	10971.1
29 November 2023	18719.6	17158.3	16376.5	14035.4	10923.1
28 November 2023	18525.3	16980.2	16206.5	13889.7	10809.7
27 November 2023	18191	16673.9	15914.1	13639.1	10614.7
26 November 2023	18112.2	16601.6	15845.1	13580	10568.7
25 November 2023	18398.1	16863.7	16095.2	13794.4	10735.5
24 November 2023	18085.2	16576.8	15821.5	13559.8	10552.9
23 November 2023	18300.5	16774.2	16009.9	13721.2	10678.6
22 November 2023	18403.7	16868.8	16100.1	13798.6	10738.8
21 November 2023	18048.6	16543.3	15789.5	13532.3	10531.6
20 November 2023	18172.5	16656.8	15897.8	13625.2	10603.8
19 November 2023	18154	16639.9	15881.7	13611.4	10593.1
18 November 2023	18154	16639.9	15881.7	13611.4	10593.1
17 November 2023	18322.8	16794.6	16029.3	13737.9	10691.5
16 November 2023	18195.9	16678.4	15918.4	13642.8	10617.5
15 November 2023	17958.9	16461.1	15711	13465.1	10479.2
14 November 2023	17732.4	16253.4	15512.8	13295.2	10347
13 November 2023	17626.3	16156.2	15420	13215.7	10285.1
12 November 2023	17578.8	16112.7	15378.5	13180.1	10257.5
11 November 2023	17667.4	16193.9	15456	13246.5	10309.1
10 November 2023	18088.6	16580	15824.5	13562.3	10554.9

Gold Price in Other Countries

Check out gold price in other featured countries from the list below

Disclaimer:

The gold market in Pakistan is affected by numerous factors; therefore, the prices are not representative of the prices on the international market.

Most sources update prices every 15 minutes, but some update every five minutes.

In addition to checking prices online, you may also want to check prices in a few physical stores.

JewellsMark, neither controls nor is responsible for the international gold price.