In today’s fast-paced world, staying updated with the latest gold rates is essential, especially if you’re an investor or someone with a keen interest in the precious metal market. Let’s dive right into the current gold rates in Pakistan as of October 31, 2023, and explore how this information can impact your financial decisions.
Karachi Shines Bright with Gold
Karachi, known as the “City of Lights,” is also shining brightly in the world of gold trading. The gold rate for a single tola of 24-karat gold in Karachi is currently at a remarkable PKR 215,700 on this Tuesday. This is crucial information for those looking to invest in gold or simply keeping an eye on the market trends.
24-Karat Gold Price per 10g
For those interested in smaller quantities, the price of 24-karat gold is equally significant. In Karachi, it’s recorded at an attractive PKR 185,020 per 10 grams. This data is invaluable for individuals who prefer to invest in smaller increments or those who are closely monitoring the gold market.
Gold Rates Across Pakistan’s Cities
Gold rates aren’t just limited to Karachi; they fluctuate across the country. Let’s take a look at how gold is performing in various cities:
Lahore – A Golden Investment Opportunity
In Lahore, the gold rate for a single tola of 24-karat gold mirrors Karachi at PKR 215,700. This uniformity in rates across cities ensures a level playing field for investors.
Islamabad – Gold’s Steady Climb
The capital city, Islamabad, also shares the same gold rate at PKR 215,700 for a single tola of 24-karat gold. This stability in prices assures investors of consistent rates.
Peshawar, Quetta, Sialkot, Hyderabad, and Faisalabad
In Peshawar, Quetta, Sialkot, Hyderabad, and Faisalabad, the gold rates remain uniform, just like in Karachi and Lahore. A single tola of 24-karat gold in these cities is priced at PKR 215,700. This widespread consistency across Pakistan is reassuring for potential investors.
Diving Deeper – 22K and 10-Gram Gold Rates
For those interested in 22-karat gold or 10-gram quantities, here’s what you need to know:
22K Gold Rates
The rate for 22-karat gold per tola stands at PKR 197,890, while the price for 10 grams is PKR 169,950. For those who prefer 22-karat gold for its unique properties, these rates are essential to consider.
Per Gram Gold Price
If you’re looking for even smaller quantities, the rate for one gram of 24-karat gold is PKR 18,502, and for 22-karat gold, it’s PKR 17,795. These per-gram rates cater to a wide range of investors and consumers.
The Fluctuating Gold Market
It’s essential to note that the gold price in Pakistan can change rapidly, influenced by the international market. Therefore, it’s important to stay updated with the latest rates, especially if you’re planning to make an investment or purchase.