Gold Prices in Pakistan Show Surprising Decrease After Weeks of Steady Increase

Gold prices in Pakistan have shown a decrease in value after weeks of steady increase. Today’s Saturday 13 May 2023 Gold Rate in Pakistan is Rs. 235,100 24K per tola, 22K Gold rate is 183349 per 10 gram, 21K Gold rate is 204,190 per tola, and 18k gold rate is 150,013 per 10 grams. The decrease in gold prices has come as a surprise to many investors who were expecting the prices to continue rising.

GOLD PURITYRATE
Gold 24K per 10 GramsRs. 200,017
Gold 24K per TolaRs. 235,100
Gold 22K per 10 GramsRs. 183,349
Gold 22K per TolaRs. 215,508

The Sarafa Jewelers Association reports that the decrease in gold prices in Pakistan is due to the stabilization of the international gold market. As the demand for gold has decreased globally, the price of the precious metal has also decreased in Pakistan.

The decrease in gold prices in Pakistan is good news for those who are looking to buy gold. The lower prices provide an opportunity for investors to purchase gold at a lower cost and potentially make a profit in the future when the prices increase again.

Gold Price in Cities of Pakistan

CityGold 24K Per TolaGold 22K Per TolaSilver 10gms
LahorePKR 235,100PKR 215,508PKR 2236
KarachiPKR 235,100PKR 215,508PKR 2236
IslamabadPKR 235,100PKR 215,508PKR 2236
PeshawarPKR 235,100PKR 215,508PKR 2236
QuettaPKR 235,100PKR 215,508PKR 2236
SialkotPKR 235,100PKR 215,508PKR 2236
AttockPKR 235,100PKR 215,508PKR 2236
GujranwalaPKR 235,100PKR 215,508PKR 2236
JehlumPKR 235,100PKR 215,508PKR 2236
MultanPKR 235,100PKR 215,508PKR 2236
BahawalpurPKR 235,100PKR 215,508PKR 2236
GujratPKR 235,100PKR 215,508PKR 2236
NawabshahPKR 235,100PKR 215,508PKR 2236
ChakwalPKR 235,100PKR 215,508PKR 2236
HyderabadPKR 235,100PKR 215,508PKR 2236
NowshehraPKR 235,100PKR 215,508PKR 2236
SargodhaPKR 235,100PKR 215,508PKR 2236
FaisalabadPKR 235,100PKR 215,508PKR 2236
MirpurPKR 235,100PKR 215,508PKR 2236


It is important to note that the previous record of gold prices in Pakistan was quite high. The rates were Gold 24K per 10 Grams Rs. 204,047, Gold 24K per Tola Rs. 238,000, Gold 22K per 10 Grams Rs. 187,043, and Gold 22K per Tola Rs. 218,167. This was a significant increase compared to the current rates, and it caused concerns among investors who were worried about the sustainability of the high prices. The decrease in gold prices in Pakistan now may provide some relief to those investors who were hesitant to invest at the high rates. However, it is still important to stay updated on the latest gold rates to make informed decisions regarding buying or selling gold in Pakistan.

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Rida Shahid
Rida Shahidhttps://hamariweb.com/
Rida Shahid is a content writer with expertise in publishing news articles with strong academic background in Political Science. She is imaginative, diligent, and well-versed in research techniques. Her essay displays her analytical style quite well. She is currently employed as English content writer at hamariweb.com.

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