Gold Price in Pakistan Today 6 October 2023
As of today, the gold price in Pakistan continues to fluctuate in response to global market trends. For those interested in the precious metal, 24-karat gold is currently available at Rs188,000 per tola, while 22-karat gold can be acquired at Rs172,333 per tola. If you’re looking to purchase smaller quantities, 10 grams of 24-karat gold will set you back Rs161,180, whereas 10 grams of 22-karat gold can be obtained for Rs147,748.
However, it’s important to note that the value of pure gold in Pakistan has been steadily declining. For accurate and up-to-date information, it’s best to rely on trustworthy sources in Karachi and Multan. With the constant changes in the gold market, it’s essential to stay informed when making any investment decisions.
Gold Price in Pakistan Today 6 October 2023
| Gold Rate | 24K Gold Rate Today | 22K Gold Rate Today |
| per Tola Gold | Rs. 188000 | Rs. 172333 |
| per 10 Grams | Rs. 161180 | Rs. 147748 |
| per Gram Gold | Rs. 16118 | Rs. 14775 |
As of Friday, the current rate for 24-karat gold stands at Rs188,000 per tola, while individuals interested in 22-karat gold can acquire it at Rs172,333 per tola. For those seeking smaller quantities, the price of 10 grams of 24-karat gold is now Rs161,180, and 10 grams of 22-karat gold can be obtained for Rs147,748.
Fluctuating Gold Rates in Pakistan
The value of pure gold in Pakistan has been steadily declining in recent years. This trend is not unique to the country, as global market trends play a significant role in determining the price of gold. It’s essential to keep in mind that gold prices in Pakistan can vary several times during the day, as they are highly influenced by international market conditions.
Reliable Sources for Gold Rates
The gold rates mentioned above are obtained from trustworthy sources, mainly based in Karachi and Multan. These sources provide accurate and up-to-date information, making them a reliable reference for individuals interested in purchasing gold in Pakistan.
Investing in Gold
Gold has been widely recognized as a secure and reliable investment, particularly in periods of economic uncertainty.In recent years, gold prices have continued to rise globally, making it an attractive investment opportunity for many. As such, keeping track of current gold rates is crucial for those looking to invest in the precious metal.
Today Gold Rates in Pakistan Major Cities 6 October 2023
| City | Gold | Silver |
|---|---|---|
| Lahore | PKR 192,000 | PKR 2,292 |
| Karachi | PKR 192,000 | PKR 2,292 |
| Islamabad | PKR 192,000 | PKR 2,292 |
| Peshawar | PKR 192,000 | PKR 2,292 |
| Quetta | PKR 192,000 | PKR 2,292 |
| Sialkot | PKR 192,000 | PKR 2,292 |
| Attock | PKR 192,000 | PKR 2,292 |
| Gujranwala | PKR 192,000 | PKR 2,292 |
| Jehlum | PKR 192,000 | PKR 2,292 |
| Multan | PKR 192,000 | PKR 2,292 |
| Bahawalpur | PKR 192,000 | PKR 2,292 |
| Gujrat | PKR 192,000 | PKR 2,292 |
| Nawabshah | PKR 192,000 | PKR 2,292 |
| Chakwal | PKR 192,000 | PKR 2,292 |
| Hyderabad | PKR 192,000 | PKR 2,292 |
| Nowshehra | PKR 192,000 | PKR 2,292 |
| Sargodha | PKR 192,000 | PKR 2,292 |
| Faisalabad | PKR 192,000 | PKR 2,292 |
| Mirpur | PKR 192,000 | PKR 2,292 |
These rates are subject to change on a daily basis due to various factors such as global market trends, currency exchange rates, and demand in the local market.
The gold and silver rates in major cities across Pakistan as of October 6, 2023, remained remarkably consistent, with the price of gold per tola (approximately 11.66 grams) resting at PKR 192,000 and silver at PKR 2,292. This uniformity in prices across cities like Lahore, Karachi, Islamabad, Peshawar, and Quetta underscores the stability of the precious metals market in the nation, reflecting a degree of confidence in the broader economy.
Lahore, the vibrant cultural heart of Pakistan, and Karachi, the country’s bustling economic hub, both demonstrated identical gold and silver rates. This parallel is evidence of the interconnectedness of Pakistan’s local economies, with wealth and commodities flowing seamlessly from one city to another, keeping prices in check.
The capital city, Islamabad, known for its high standard of living and thriving businesses, also reported the same gold and silver rates. Peshawar, a city on the frontier of Pakistan’s economy, mirrored this trend, as did Quetta, a city known for its mineral wealth.
As we turn our gaze to other cities like Sialkot, Attock, Gujranwala, Jehlum, and Multan, we see a similar pattern. Each city, regardless of its economic characteristics or geographic location, maintains the same gold and silver rates. This pattern extends even to Bahawalpur, Gujrat, Nawabshah, and Chakwal.
Moving further south to Hyderabad, the gold and silver rates remain unwavering, showing the same trend in Nowshehra, Sargodha, and Faisalabad. Finally, the report concludes with Mirpur maintaining the same gold and silver rates, wrapping up a comprehensive look at Pakistan’s precious metal rates on October 6, 2023.
In summary, the gold and silver rates in major cities across Pakistan have shown a remarkable consistency, illustrating a mature and stable precious metals market. Consumers and investors alike can find confidence in this stability, with little variance in prices from one city to another.
