The price of gold in Pakistan has been on the rise, reaching record-breaking levels in recent days. Today, on Thursday 11 May 2023, the Gold rate in Pakistan is Rs. 238,000 per tola, with the rate for 10 grams of 22K gold at Rs. 187,043. The 21K gold rate is at Rs. 208,304 per tola, and 18K gold is selling at Rs. 153,036 per 10 grams. These rates are according to the latest data provided by the Sarafa Jewelers Association and International Gold Market.
The increase in gold prices can be attributed to several factors, including global economic uncertainties, geopolitical tensions, and a weaker dollar. The precious metal is often considered a safe-haven asset by investors during times of economic instability and market volatility.
| GOLD PURITY | RATE |
|---|---|
| Gold 24K per 10 Grams | Rs. 204,047 |
| Gold 24K per Tola | Rs. 238,000 |
| Gold 22K per 10 Grams | Rs. 187,043 |
| Gold 22K per Tola | Rs. 218,167 |
The current record-breaking gold rates have caused concern among consumers and businesses, particularly those in the jewelry industry, where high gold prices can impact sales and profit margins. Despite this, experts suggest that the prices are likely to continue to rise in the near future
It is important for investors and consumers to monitor the gold market and make informed decisions based on the latest updates and trends. In Pakistan, the Sarafa Jewelers Association and International Gold Market provide regular updates on gold rates and prices over the last ten days.Gold Price in Cities of Pakistan
| City | Gold 24K Per Tola | Gold 22K Per Tola | Silver 10gms |
| Lahore | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Karachi | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Islamabad | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Peshawar | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Quetta | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Sialkot | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Attock | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Gujranwala | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Jehlum | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Multan | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Bahawalpur | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Gujrat | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Nawabshah | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Chakwal | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Hyderabad | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Nowshehra | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Sargodha | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Faisalabad | PKR 238,000 | PKR 218,167 | PKR 2334 |
| Mirpur | PKR 238,000 | PKR 218,167 | PKR 2334 |
