Gold Rate in Pakistan, 16 August 2018

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Today’s Gold Rate in Pakistan, Gold rate in Karachi, Lahore, Rawalpindi, Peshawar, Quetta, Faisalabad, Multan, Gujranwala, Sialkot and Islamabad.

Gold rate in Pakistan is Rs. 46,854 24K per 10 grams, Rs. 54,650 24K per tola, and Rs. 43,263 22K per 10 grams. The gold prices vary from city to city all over Pakistan. You can check the rates according to every Pakistani city below:

HamariWeb brings you the daily gold rate in Pakistan (24k per grams, 24k per tola, 22k per gram, and 22k per tola), along with currency exchange rates, which includes PKR, USD, Euro, Pound Sterling and many others.

Gold Rate in Pakistan on 16 August 2018:

CITY GOLD
24k 10 Grams 24K Per Tola 22K 10 Grams
Karachi 46,854.00 54,650.00 43,263.00
Hyderabad 46,854.00 54,650.00 43,263.00
Lahore 46,854.00 54,650.00 43,263.00
Multan 46,854.00 54,650.00 43,263.00
Islamabad 46,854.00 54,650.00 43,263.00
Faisalabad 46,854.00 54,650.00 43,263.00
Rawalpindi 46,854.00 54,650.00 43,263.00
Quetta 46,854.00 54,650.00 43,263.00

The Gold Rates Today are provided by local gold market of the respective city. We collect rates from sarafa markets and local gold markets of Lahore, Peshawar, Faisalabad, Gujranwala, Islamabad, Karachi, Rawalpindi, Quetta, Multan, and Sialkot.

The Retail Gold Rates in Pakistan is being supplied by Karachi Saraf Jewellers Association.

You can also check forex rates and currency rates in Pakistan here.

Gold Rate in International Market is declining

Gold tumbled to an over 18-month low on Wednesday as the dollar moved towards its most astounding in finished a year on worries about worldwide market infection activated by ongoing decreases in the Turkish lira.

Spot gold was down 0.7% at $1,185.46 an ounce by 1106 GMT, subsequent to hitting its least since late January 2017 at $1,183.47. The valuable metal neglected to make a persuading bounce back in the past session after it fell beneath the mentally essential $1,200 level without precedent for over a year on Monday. US gold fates were down 0.7pc at $1,192 an ounce.

It is hazard avoidance, which is something that ought to be strong of gold, yet. However, this is going on in a situation where the dollar is looking extremely solid with respect to other significant monetary forms and developing business sector monetary standards. Gold declined around 9% this year, forced by rising US loan fees, a taking off dollar and an inability to benefit from its customary part as a support against worldwide vulnerabilities.

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