Today's Gold Prices in Pakistan – October 20, 2023
KARACHI – As we approach the end of the week, gold enthusiasts and investors in Pakistan are keeping a close eye on the ever-fluctuating gold rate. Today, 20 October 2023, the gold market witnessed an interesting development with 24 carat gold trading at PKR 211,450 per tola. The news has sparked debate among financial experts and those interested in the precious metal.
In parallel, the price of 24 karat gold for 10 grams has been noted at a significant PKR 181,290, according to bullion market data. These figures show that gold is a valuable and desirable commodity in Pakistan, which is considered a safe investment or an integral part of cultural events and ceremonies.
Gold Rates in Pakistan
| Category | Gold 24K Today | Gold 22K Today |
|---|---|---|
| Per Tola Gold | PKR 211,450 | PKR 193,828 |
| Per 10-Gram Gold | PKR 181,290 | PKR 166,181 |
| Per Gram Gold | PKR 18,129 | PKR 16,618 |
Gold Price in Pakistan’s different cities. Last Update: 9AM
| City | Gold | Silver |
|---|---|---|
| Karachi | PKR 211,450 | PKR 2,465 |
| Lahore | PKR 211,450 | PKR 2,465 |
| Islamabad | PKR 211,450 | PKR 2,465 |
| Peshawar | PKR 211,450 | PKR 2,465 |
| Quetta | PKR 211,450 | PKR 2,465 |
| Sialkot | PKR 211,450 | PKR 2,465 |
| Hyderabad | PKR 211,450 | PKR 2,465 |
| Faisalabad | PKR 211,450 | PKR 2,465 |
It is important to note that the price of gold in Pakistan is subject to constant fluctuations, which is more influenced by the international market. The price of gold is never fixed, and it reacts to various global economic and geopolitical factors. Therefore, it is very important for those involved in gold business or investment to keep a close eye on the market.
Local gold markets and bullion markets in various cities across Pakistan regularly provide these rates, allowing both traders and consumers to stay abreast of the latest information.
Finally, gold prices in Pakistan today till 20 October 2023 have shown stable trend. Gold continues to be a valuable asset and investment option, attracting individuals who seek a safe store of value in uncertain economic times or participate in traditional customs and ceremonies in which gold is gifted. Giving is included. As we navigate the ever-changing world of finance, gold is a constant presence in the market and a topic of keen interest for many in Pakistan.
