The gold rate in Pakistan today stands between ₨ 361,000 and ₨ 378,500 per tola (24 carat), while 22k gold is between ₨ 331,000 and ₨ 347,000 per tola. The 10-gram rate ranges from ₨ 309,000 to ₨ 325,000 for 24 carat.
Many people search for what was the gold rate in Pakistan in 2020 because it shows the impact of COVID-19 on economy of Pakistan and how much prices have changed in just five years.
- The January 2020 gold rate in Pakistan was about ₨ 93,400 per tola (24 carat).
- During the year, gold moved sharply with local and global conditions.
- What was the gold rate in Pakistan in 2020 22k: around ₨ 106,499 per tola in October.
- What was the gold rate in Pakistan in 2020 24 carat: reached ₨ 116,167 per tola in October and touched ₨ 128,700 per tola in August.
- What was the gold rate in Pakistan in 2020 per tola: prices ranged from ₨ 93,000 to over ₨ 128,000 through the year.
Fluctuations in 2020 Gold Market
The gold rate did not stay stable in 2020. Below are the major shifts:
- January 6, 2020: ₨ 93,400 per tola (24 carat)
- March 19, 2020: lowest level around ₨ 233,852 per ounce
- August 5, 2020: peak at ₨ 128,700 per tola (24 carat)
- October 16, 2020: 22k ~₨ 106,499 per tola; 24 carat ~₨ 116,167 per tola
COVID-19 Impact on Pakistan Gold Market
The impact of COVID-19 on economy of Pakistan changed how people invested. The stock market fell, currency weakened, and many turned to gold for security.
- COVID-19 impact on Pakistan pushed gold to record highs in mid-2020.
- Demand rose in August 2020 when uncertainty was high.
- What was the gold rate in Pakistan in 2020 per tola during the peak showed gold above ₨ 128,000, compared to less than ₨ 94,000 at the start of the year.
- The impact of COVID-19 on economy of Pakistan made gold one of the most reliable assets in that period.
Key Takeaways
- The January 2020 gold rate in Pakistan was only ₨ 93,400 per tola, compared to over ₨ 370,000 per tola today.
- If we look for what was the gold rate in Pakistan in 2020 22k and what was the gold rate in Pakistan in 2020 24 carat highlight how quickly prices increased.
- From 2020 to 2025, gold in Pakistan has risen almost four times.
- The impact of COVID-19 on economy of Pakistan played a direct role in pushing gold upwards during 2020.
, while 22k gold is between ₨ 331,000 and ₨ 347,000 per tola. The 10-gram rate ranges from ₨ 309,000 to ₨ 325,000 for 24 carat.){kind=link}