Karachi: The Price of gold in Pakistan today is recorded at167800 per tola this. The price of 10 grams of 24k gold is recorded at Rs.143,860.
The gold rates keeps on fluctuating due to the fluctuations in the international market. Pakistan is a net importer of Gold, Itit imports most of its gold from the gulf countries.
The rates are verified and given by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA). Moreover, Karachi serves as the hub of the gold market and every city in Pakistan follows Karachi Sarafa Bazar Association for the gold price.
Prices of gold may vary in different cities, but the difference is not huge. However, the rates vary several times a day. You must visit your local jewelers or market for more accurate prices.
Gold is the most precious and valuable asset among the Pakistanis. It has deep cultural and social ties in Pakistan. The metal has multiple purposes. It is used as an investment, security, gift. and taste in jewellery etc. Gold jewellery is gifted to girls on their weddings. The girl can use in times of financial need or for any other reason.
Therefore, it is the safe to invest in gold due to an all-time high prices and inflation in the country. It is easily bought and sold in the local markets. Based on the purity of the metal, gold have different types such as 24k, 22k, 21k etc.