As of today, June 25, 2024, the gold prices in Pakistan are as follows:
- 24 Karat Gold: PKR 241,800 per tola, and PKR 207,305 per 10 grams.
- 22 Karat Gold: PKR 221,708 per tola, and PKR 190,030 per 10 grams.
These prices are sourced from the Sarafa Jewelers Association and the International Gold Market, providing the most up-to-date and accurate reflection of the market. The table below details the gold rates for various purities:
| Gold Purity | Per Tola (PKR) | Per 10 Gram (PKR) |
|---|---|---|
| 24K | 241,800 | 207,305 |
| 22K | 221,708 | 190,030 |
| 21K | 211,630 | 181,392 |
| 20K | 201,552 | 172,755 |
| 18K | 181,397 | 155,479 |
Understanding the Current Gold Market
The gold prices today reflect the ongoing trends in both the local and international markets. The 24K gold, being the purest form, holds the highest price per tola and per 10 grams, making it a preferred choice for investors and jewelers alike. The 22K gold, slightly less pure but still highly valuable, is often chosen for making intricate jewelry designs.
Recent Trends and Performance
Over the past 10 days, the gold market has shown significant fluctuations. These variations are influenced by multiple factors including global economic conditions, currency exchange rates, and geopolitical events. Keeping an eye on these trends is crucial for investors looking to buy or sell gold.
Why Monitor Gold Prices?
Monitoring gold prices is essential for several reasons:
- Investment Decisions: Gold is a stable investment, especially in volatile economic conditions. Knowing the current rates helps in making informed buying or selling decisions.
- Jewelry Purchases: For those planning to buy gold jewelry, understanding the current prices ensures you get the best value for your money.
- Economic Indicators: Gold prices can also act as indicators of broader economic health, reflecting inflation trends, currency value, and investor sentiment.