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Today's Gold Prices in Pakistan – 24th October 2023

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Today's Gold Prices in Pakistan – 24th October 2023


KARACHI – As we begin the day on October 24, 2023, the gold rate in Pakistan stands as a crucial point of interest for investors, jewelry enthusiasts, and individuals seeking to purchase or sell this precious metal. The value of gold in the country can be a reflection of various factors such as global market trends, economic stability, and local demand. So, let's take a closer look at the gold rate in Pakistan today, specifically, for a single tola of 24-karat gold.


The gold rate in Pakistan for a single tola (approximately 11.66 grams) of 24-karat gold is currently being traded at PKR 212,400 on this Tuesday. This rate provides a reference point for the local market, allowing consumers to gauge the cost of purchasing this valuable metal. However, it's important to note that the price of gold in Pakistan is not set in stone. It is subject to fluctuations based on various factors, including international market dynamics, economic conditions, and regional demand.


The gold price for 24-karat gold is not just limited to the tola measurement. It is also available in smaller denominations, such as per 10 grams. As of today, the gold price for 24-karat gold in Pakistan stands at PKR 181,930 per 10 grams. This is an essential metric for those who prefer smaller quantities or want to calculate the cost of their gold purchases more precisely.


It's equally important to have a broader perspective on the gold rates in different cities across Pakistan. Prices can vary slightly from one city to another, which is why it's essential to consider regional differences if you're planning to buy or sell gold. Here are the gold rates for some major cities in Pakistan as of October 24, 2023:


City Gold (PKR) Silver (PKR)
Karachi PKR 212,400 PKR 2,600
Lahore PKR 212,400 PKR 2,600
Islamabad PKR 212,400 PKR 2,600
Peshawar PKR 212,400 PKR 2,600
Quetta PKR 212,400 PKR 2,600
Sialkot PKR 212,400 PKR 2,600
Hyderabad PKR 212,400 PKR 2,600
Faisalabad PKR 212,400 PKR 2,600

This data not only helps you understand the current market rates but also allows you to make an informed decision, taking into account regional variations.

Furthermore, it's worth mentioning that gold rates are available for both 24-karat and 22-karat gold. While 24-karat gold is considered pure, 22-karat gold is slightly less pure due to the addition of other metals. The current rates for both are as follows:

Gold Rates Gold 24K Today Gold 22K Today
Per Tola Gold PKR 212,400 PKR 195,890
Per 10 Gram Gold PKR 183,220 PKR 167,950
Per Gram Gold PKR 18,193 PKR 16,795

Finally, the gold rate in Pakistan today is a dynamic figure that can change frequently due to various factors. These factors encompass international market trends, local and global economic conditions and regional demand. If you plan to engage in gold trading, it is advisable to keep a close eye on these rates as they can directly affect your financial decisions. Local gold markets and bullion markets in various cities serve as valuable sources of real-time pricing information, helping individuals make informed choices about their gold transactions. Remember that, in the world of gold, knowledge is power, and the key to making sound financial decisions.
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