Welcome to the latest update on gold price in Pakistan today. Our platform provides timely and accurate gold price information based on international market trends. Here, you will find live gold price in Pakistan for 1 gram, 10 grams, 1 tola, and 1 ounce of 24K, 22K, 21K, and 18K gold. We also offer performance charts showing gold price in Pakistan trends over the past week, month, 1 year, 5 years, and 10 years.
Gold Price in Pakistan Today:
| Gold Rate | 24K Gold | 22K Gold | 21K Gold | 18K Gold |
|---|---|---|---|---|
| Per Tola | 265,400.00 | 243,283.33 | 232,225.00 | 199,050.00 |
| Per 10 Gram | 227,540.00 | 208,578.33 | 199,097.50 | 170,655.00 |
| Per 1 Gram | 22,754.00 | 20,857.83 | 19,909.75 | 17,065.50 |
| Per Ounce | 644,922.00 | 591,178.50 | 564,306.75 | 483,691.50 |
Historical Gold Prices Per Ounce in Pakistan:
Factors Affecting Gold Price Fluctuations:
Gold prices are influenced by various factors that contribute to their volatility. Understanding these factors can help you make informed decisions regarding your gold investments:
- Interest Rates: Higher interest rates increase the opportunity cost of holding gold, potentially leading to lower gold prices. Conversely, lower rates can make gold more attractive as an investment.
- Monetary Policy: Central banks’ policies and actions can affect gold prices by influencing inflation and currency values.
- Geopolitics: Political instability and conflicts can drive investors toward gold as a safe-haven asset, impacting its price.
- Currency Markets: The value of the U.S. Dollar plays a significant role. A stronger dollar generally makes gold more expensive for foreign investors, which can drive prices down, while a weaker dollar can lead to higher gold prices.
- Inflation/Deflation: Gold is often seen as a hedge against inflation. Rising inflation can drive up gold prices, while deflationary trends can have the opposite effect.
- Investment Demand: Trends in investment demand can influence gold prices. Increased demand for gold investment can lead to higher prices.
- Jewelry Demand: Significant gold jewelry markets, such as India, influence gold prices based on their demand for gold jewelry.
- Equity Markets: Performance of stock markets can impact gold prices. During stock market downturns, gold may become a preferred investment, driving up its price.
By staying informed about these factors, you can better understand and anticipate fluctuations in gold prices.
Stay Updated:
For the latest updates on gold prices and to access historical performance charts, visit our website regularly. If you have any questions or need further information, please contact us!
FAQs:
How many grams are there in one Tola of gold?
Currently in Pakistan, one Tola of gold is equivalent to 11.667 grams. This unit is commonly used in local transactions and gold pricing.
How many Tolas are there in one ounce of gold?
One ounce of gold is equal to approximately 2.43 Tolas in Pakistan. This conversion helps in comparing gold prices between different measurement systems.
How many grams are there in one ounce of gold?
One ounce of gold is equivalent to 28.35081 grams. This measurement is used internationally for standardizing gold quantities.
What factors influence gold price fluctuations?
Gold prices are affected by several factors including interest rates, monetary policy, geopolitical events, currency markets, and inflation. Changes in these factors can lead to fluctuations in gold prices.
How often do gold prices change?
Gold prices can change daily based on market conditions. They are influenced by international market trends, economic data, and geopolitical events. For the most current rates, it’s best to check regularly.