Gold prices in Pakistan seem to decline continuously

On Saturday, 24-karat gold is currently selling for Rs187,500 per tola, while 22-karat gold is available for Rs171,875 per tola.

Smaller purchases of 10 grams of gold can be made for Rs147,355 for 10 grams of 22-karat gold and Rs160,751 for 10 grams of 24-karat gold.

It’s interesting to notice that the price of pure gold has been falling steadily in Pakistan.

It’s important to note that gold prices in Pakistan might change multiple times every day in response to developments in the world market. These prices were obtained from reputable sources, especially in Multan and Karachi.
However, from September 12, 2023, the All Pakistan Jewelers Association has stopped offering its official gold rates, which are generally updated every day.

On the other hand, a 15-member advisory board has been constituted, and the federal Ministry of Industries has issued a notification, to increase transparency in the gold trade and support the growth of the gold sector.

Haji Haroon Chandko, a prominent gold merchant, is not a member of the council.

It is encouraged to maintain vigilance for individuals who carefully follow the gold market as rates continue to adjust to changes in the global gold market.

It is pertinent to mention that the gold price in Pakistan fluctuates several times as per the international market, so the price is never fixed. Local gold markets and Sarafa Markets of various cities provide the below rates.

KarachiPKR 194,500PKR 2,465
LahorePKR 194,500KR 2,465
IslamabadPKR 194,500PKR 2,465
PeshawarPKR 194,500PKR 2,465
QuettaPKR 194,500PKR 2,465
SialkotPKR 194,500PKR 2,465
HyderabadPKR 194,500PKR 2,465
FaisalabadPKR 194,500PKR 2,465

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