As of September 26, 2024, the gold price in Pakistan has reached PKR 279,000 per tola for 24-karat gold. This marks a significant increase from earlier this week, where on September 24, the rate was PKR 270,000 per tola. For 22-karat gold, the current rate is PKR 255,750 per tola.
Gold Price Breakdown (26 September 2024):
| Karat | Per 10 grams | Per tola |
|---|---|---|
| 24k | PKR 239,200 | PKR 279,000 |
| 22k | PKR 219,266 | PKR 255,750 |
| 21k | PKR 209,300 | PKR 244,125 |
| 20k | PKR 216,408 | PKR 220,395 |
| 18k | PKR 179,400 | PKR 209,250 |
The steady rise in gold prices reflects the ongoing fluctuations in the global market. Factors such as inflation, currency depreciation, and international economic conditions contribute to this upward trend. With the gold price continuing to rise, those investing in precious metals should stay updated on current rates as they can shift multiple times throughout the day.
Rising Gold Prices in 2024: What to Expect?
The gold rate in Pakistan has been on the rise throughout 2024, with frequent price hikes attributed to global market volatility. As international gold prices increase, local rates also surge, making gold an attractive but pricier investment.
For individuals keeping a close eye on gold as a long-term asset or those planning to purchase jewelry, it’s important to stay updated on the latest rates and market trends. The 24-karat and 22-karat gold rates are particularly notable, as they are the most commonly traded forms in Pakistan.
