The gold rate in Pakistan today on November 4, 2023 is making headlines with current prices for 24K gold at 216,500.000 per tola. For those interested in purchasing 10 grams, prices are set at 185,620.000 for 24K gold. These prices will be helpful for those who need to know the current market value and those looking to buy or sell gold. While the gold rate may fluctuate, it’s always interesting to keep an eye on the market and where prices stand. For gold enthusiasts, Pakistan is just one of many countries where one can keep an eye on gold rates.

Gold Rate in Pakistan Today 4 November 2023

Gold Rate24K Gold Rate Today22K Gold Rate Today
per Tola GoldRs. 216,500Rs. 198,458
per 10 GramsRs. 185,620Rs.170,151
per Gram GoldRs.18,562Rs.17,015

Gold Price in Pakistan Today – 4 November, 2023

Gold has always been considered a valuable asset and is highly sought after by investors all over the world. In Pakistan, gold holds a special place in the hearts of people as it is deeply ingrained in their culture and traditions.

On November 4, 2023, the gold rate in Pakistan is as follows:

On Saturday, 04 November 2023, the gold rates in Pakistan were as follows: 24K gold – Rs. 216,500 per tola, 22K gold – Rs. 198,458 per tola, 21K gold – Rs. 189,437 per tola, and 18K gold – Rs. 162,375 per tola. In terms of grams, the prices were: 24K gold – Rs. 18,562 per gram, 22K gold – Rs. 17,015 per gram, 21K gold – Rs. 16,241 per gram, and 18K gold – Rs. 13,921 per gram. The price of a single ounce of pure gold was recorded at Rs. 526,095.

The gold rates in Pakistan are influenced by a variety of factors such as global demand and supply, economic conditions, and political stability. In recent years, the price of gold has been on a steady rise due to its status as a safe-haven investment during times of uncertainty.

Pakistan is one of the world’s largest consumers of gold, with a strong cultural affinity towards this precious metal. Gold is not only used for jewelry, but it also serves as a symbol of wealth and prosperity in the country.

Today Gold Prices in Pakistan Major Cities 4 November 2023

CityGoldSilver
LahorePKR.216,500PKR 2,304
KarachiPKR.216,500PKR 2,304
IslamabadPKR.216,500PKR 2,304
PeshawarPKR.216,500PKR 2,304
QuettaPKR.216,500PKR 2,304
SialkotPKR.216,500PKR 2,304
AttockPKR.216,500PKR 2,304
GujranwalaPKR.216,500PKR 2,304
JehlumPKR.216,500PKR 2,304
MultanPKR.216,500PKR 2,304
BahawalpurPKR.216,500PKR 2,304
GujratPKR.216,500PKR 2,304
NawabshahPKR.216,500PKR 2,304
ChakwalPKR.216,500PKR 2,304
HyderabadPKR.216,500PKR 2,304
NowshehraPKR.216,500PKR 2,304
SargodhaPKR.216,500PKR 2,304
FaisalabadPKR.216,500PKR 2,304
MirpurPKR.216,500PKR 2,304

Gold has always been a highly valued precious metal, and it is no different in Pakistan. On November 4, 2023, the prices of gold were recorded in major cities across the country. Let us take a closer look at these figures and understand what they mean for consumers and the economy.

Gold Prices in Lahore

In Lahore, the capital of Punjab province, the price of gold was recorded at PKR 216,500 per tola (11.66 grams). This was also accompanied by a silver rate of PKR 2,304 per tola. As one of the largest cities in Pakistan, it is no surprise that Lahore has a high demand for gold and silver. This city is known for its intricate gold jewelry designs and bustling gold markets, making it a hotspot for gold enthusiasts.

Gold Prices in Karachi

Being the economic capital of Pakistan, the prices of gold in Karachi also play a significant role in determining the national trends. On November 4, 2023, the price of gold in Karachi was the same as Lahore – PKR 216,500 per tola. This consistency in prices across major cities is a good sign for the stability of the market.

Gold Prices in Islamabad

As the capital city of Pakistan, Islamabad has a strong influence on the country’s economy. On November 4, 2023, gold was priced at PKR 216,500 per tola in Islamabad, the same as Lahore and Karachi. However, it’s worth noting that Islamabad has a higher silver rate at PKR 2,304 per tola.

Gold Prices in Peshawar

Peshawar is the capital of Khyber Pakhtunkhwa province and is known for its rich heritage and culture. On November 4, 2023, the price of gold in Peshawar was also recorded at PKR 216,500 per tola, with a silver rate of PKR 2,304 per tola. This shows that gold prices remain consistent across major cities in Pakistan.

Impact on Consumers and Economy

For consumers looking to purchase gold in Pakistan, these prices act as a benchmark and help them make informed decisions. The consistent prices across major cities provide stability and predictability for both buyers and sellers. Additionally, the gold market also has a significant impact on the country’s economy, with fluctuations in prices affecting various sectors such as jewelry making, trading, and investments.

As we can see from the recorded prices on November 4, 2023, gold remains a highly valued and stable commodity in Pakistan’s major cities. Whether it is for personal adornment or investment purposes, gold holds a special place in the hearts of Pakistanis and plays a vital role in the country’s economy. So whether you’re in Lahore or Mirpur, the prices of gold remain consistent and continue to be a valuable asset for all. So, keep an eye on the markets and make informed decisions when it comes to investing in this precious metal.

FAQs on Gold Rate in Pakistan Today – November 4, 2023

What is the current gold rate in Pakistan for 1 Tola?

As of November 4, 2023, the current gold rate in Pakistan for 1 Tola is Rs. 216,500. This rate may fluctuate depending on market conditions and other factors.

What is the current price of 1 Tola of 22-carat gold in Pakistan today?

Currently, 1 Tola of 22-carat gold is being traded at Rs. 198,458.333 in Pakistan.

How many grams are in one Tola?

One Tola, a traditional unit of weight used in South Asia, is equivalent to approximately 11.66 grams. This measurement is commonly used for precious metals such as gold and silver, and has a historical significance in the region.

How many Ratti are in one Masha?

One Ratti is equal to 0.12 grams, while one Masha is equal to 8 Ratti or 0.96 grams.

What is the current price of 1 gram of gold in Pakistan?

As of November 4, 2023, the rate for 1 gram of gold in Pakistan varies depending on the carat. For 24-carat gold, the cost is Rs. 18,562 while for 22-carat gold, it is Rs. 17,015.

How often does the gold rate change in Pakistan?

The gold rate in Pakistan can change on a daily basis due to market conditions and other factors.

What factors influence the gold rate in Pakistan?

The gold rate in Pakistan is greatly influenced by fluctuations in the dollar rate and the economic instability of Pakistan, among other factors.

What distinguishes 24-carat gold from 22-carat gold?

24-carat gold is the purest form of gold, containing 99.5% of the precious metal, while 22-carat gold contains 91.6% gold and 8.4% of other metals.

Where to sell gold in Pakistan?

It is recommended to sell gold in Pakistan at Sarafa Bazar to wholesalers, as they typically provide more competitive prices in comparison to local jewelers.. Selling gold online through reputable platforms or banks may also be a viable option.