Gold and Silver prices in Pakistan change frequently due to fluctuations in the international bullion market, currency exchange movement, and overall demand in local Sarafa bazaars. Keeping track of daily price updates is essential for investors, traders, and individuals planning to buy jewelry or invest in precious metals. The following guide provides the latest gold rate in Pakistan, silver rate in Pakistan, and international gold and silver prices as per the current market situation.
Gold Rate in Pakistan – Latest Price Update
The gold market in Pakistan is heavily influenced by international gold prices and the performance of the US dollar. Local Sarafa markets in Karachi, Lahore, Islamabad, Peshawar, and Quetta provide daily rates based on global trends. Below is the updated gold price in Pakistan for 24K purity.
Gold Price Table in Pakistan (23K & 24K Purity)
| Purity | Per Tola | 10 Grams | 1 Gram |
|---|---|---|---|
| 24K | Rs. 4,32,159 | Rs. 3,70,513.2 | Rs. 37,051.32 |
These prices represent the average rates from major cities, including the Karachi Sarafa Market, which acts as the benchmark for gold trading across the country.
Silver Rate in Pakistan – Latest Market Price
Silver remains a popular choice among investors looking for a more affordable alternative to gold. It is widely used in jewelry, industrial production, and investment products. Here are the updated silver prices in Pakistan:
Silver Price Table in Pakistan
| Purity | Per Tola | 10 Grams | 1 Gram |
|---|---|---|---|
| 24K | Rs. 5,407.82 | Rs. 4,636.42 | Rs. 463.642 |
Silver prices are comparatively stable but still impacted by global trends and local market conditions.
International Gold and Silver Prices (Per Ounce)
Gold and Silver rates in Pakistan depend largely on the global commodity market. Any rise or fall in the international price directly affects Pakistan’s rates.
International Prices
| Metal | Price Per Ounce |
|---|---|
| Gold | $ 4,072.30 |
| Silver | $ 50.965 |
Changes in the global economy, inflation, geopolitical tensions, and US dollar movement play a major role in determining international bullion prices.
Why Gold Prices Change in Pakistan?
Gold has always been considered a safe investment. However, its price is affected by several factors. Some of the major reasons for price fluctuations include:
Key Influencing Factors
International Gold Rates: Pakistan imports gold; therefore, any change in global prices directly impacts local rates.
Dollar Exchange Rate: A strong dollar increases gold prices in Pakistan.
Demand in Local Markets: Gold demand usually rises during wedding seasons, impacting local prices.
Economic Stability: Inflation or financial uncertainty pushes investors toward gold, boosting its price.
Government Policies: Import duties, taxes, and trade restrictions also play a role.
Understanding these factors helps buyers make informed investment decisions.
Gold Investment Trends in Pakistan
Gold is not only bought for personal use but also as a long-term investment. Many people in Pakistan prefer buying gold bars, coins, and jewelry because:
- Gold retains its value over time
- It is a hedge against inflation
- Easy to buy and sell in local markets
- High liquidity makes it a preferred safe haven asset
Investors often track daily gold prices to decide the right time to purchase.
Comparison Between Gold and Silver Investments
Both precious metals are valuable, but each has its own characteristics.
Key Differences
- Gold is more stable and often grows steadily over time.
- Silver is affordable, making it a better option for small-scale investors.
- Gold prices respond more quickly to global economic events.
- Silver has industrial demand, affecting its price differently.
Investors choose between gold and silver based on their budgets, goals, and market conditions.
Gold and Silver prices in Pakistan continue to change daily due to global and local market influences. Whether you are planning to invest or buy jewelry, staying updated with the latest gold rate in Pakistan today is essential. The rates listed above help you understand current market trends and make smart financial decisions. Always check updated prices from reliable local Sarafa markets before making any purchase or investment.
