Pakistan’s gold market continues to hold steady with the price of 24K gold per tola at Rs. 238,000 on Friday, May 12th, 2023. The gold rate for 22K gold is Rs. 187,043 per 10 grams, while the rate for 21K gold is Rs. 208,304 per tola, and the rate for 18K gold is Rs. 153,036 per 10 grams.
| 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 |
According to the Sarafa Jewelers Association and International Gold Market, these rates have remained constant for the past 10 days. However, it’s important to note that gold prices can vary from city to city depending on a range of factors, including demand, interest rates, state taxes, gold traders, bullion associations, transportation costs, fabricating charges, and more.
Despite these fluctuations, gold remains a popular investment tool worldwide, and Pakistan is no exception. With a long-standing cultural and historical affinity for gold, Pakistan’s citizens continue to hold it as a safe-haven asset. In times of economic uncertainty or market volatility, gold has proven to be a reliable store of value and a hedge against inflation.
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 |
As Pakistan’s economy continues to grow and mature, the demand for gold is likely to remain steady or even increase. Investors can keep track of the latest gold rates in their city by consulting with local jewelers or checking online sources for up-to-date pricing information.
