Gold Rate in Pakistan Today 6 October 2023

Gold Rate in Pakistan Today 6 October 2023

October 6, 2023 By

Are you keeping an eye on the latest gold rates in Pakistan. As of October 6, 2023, the price of a single tola of 24-karat gold stands at Rs 188000. Meanwhile, 10 grams of the same quality are being traded for Rs 161180. If you’re in the market for 22-karat gold, be prepared to pay Rs 172333 per tola or Rs 147748 for 10 grams. It’s worth noting that these rates are subject to change based on the fluctuations of the international market, so be sure to stay updated before making any investment decisions. Local gold and Sarafa markets across the country are your go-to sources for the latest rates.

Gold Rate in Pakistan Today 6 October 2023

Gold Rate24K Gold Rate Today22K Gold Rate Today
per Tola GoldRs. 188000Rs. 172333
per 10 GramsRs. 161180Rs. 147748
per Gram GoldRs. 16118Rs. 14775
Last update on 6 October 2023

Today Gold Price in Pakistan Major Cities 6 October 2023

According to the latest market update, gold and silver prices have risen in major cities of Pakistan on 6 October, 2023. The following table shows the prices for both gold and silver in different cities:

CityGoldSilver
LahorePKR 192,000PKR 2,292
KarachiPKR 192,000PKR 2,292
IslamabadPKR 192,000PKR 2,292
PeshawarPKR 192,000PKR 2,292
QuettaPKR 192,000PKR 2,292
SialkotPKR 192,000PKR 2,292
AttockPKR 192,000PKR 2,292
GujranwalaPKR 192,000PKR 2,292
JehlumPKR 192,000PKR 2,292
MultanPKR 192,000PKR 2,292
BahawalpurPKR 192,000PKR 2,292
GujratPKR 192,000PKR 2,292
NawabshahPKR 192,000PKR 2,292
ChakwalPKR 192,000PKR 2,292
HyderabadPKR 192,000PKR 2,292
NowshehraPKR 192,000PKR 2,292
SargodhaPKR 192,000PKR 2,292
FaisalabadPKR 192,000PKR 2,292
MirpurPKR 192,000PKR 2,292
The prices shown above are for one gram of gold and silver in major cities of Pakistan on 6 October 2023.

Welcome to the latest update on gold and silver prices in major cities of Pakistan. As of October 6, 2023, the price of one gram of gold is PKR 192,000 and one gram of silver is PKR 2,292.

Lahore

In Lahore, the cultural and economic hub of Punjab province, the price of gold remains at PKR 192,000 per gram. This city has a rich history in trade and commerce, making it a major market for precious metals like gold and silver.

Karachi

As Pakistan’s largest and most populous city, Karachi is a major player in the country’s economy. With its bustling business and financial centers, it comes as no surprise that the price of gold in this city remains unchanged at PKR 192,000 per gram.

Islamabad

The capital city of Pakistan also upholds its reputation as a major player in the precious metals market. As of October 6, one gram of gold is priced at PKR 192,000 while one gram of silver is priced at PKR 2,292 in Islamabad.

Peshawar

Known as the “City of Flowers”, Peshawar is another major city where gold and silver prices remain steady at PKR 192,000 and PKR 2,292 respectively. This city has a long history of trading precious metals with neighboring countries like Afghanistan.

Quetta

Quetta, the capital of Balochistan province, also follows the trend with gold priced at PKR 192,000 for one gram and silver at PKR 2,292 for one gram. This city is known for its beautiful bazaars where traders from all over Pakistan come to buy and sell precious metals.

Sialkot

Sialkot, a city known for its sports goods and leather industry, also has a strong presence in the gold market. The price of gold remains unchanged at PKR 192,000 per gram while the price of silver stands at PKR 2,292 per gram.

Attock

With its strategic location near Islamabad and Peshawar, Attock is an important city for trade and commerce. The price of gold remains at PKR 192,000 per gram while silver is priced at PKR 2,292 per gram in this city.

Gujranwala

As a major industrial and agricultural hub, Gujranwala also has a significant impact on the country’s economy. The price of gold and silver in this city remains at PKR 192,000 and PKR 2,292 respectively.

Jehlum

Jehlum, a historic city in Punjab province, also has its fair share of the precious metals market. The price of one gram of gold is PKR 192,000 while one gram of silver is priced at PKR 2,292 in this city.

Multan

Known as the “City of Sufis”, Multan also has a strong presence in Pakistan’s gold market. As of October 6, one gram of gold is priced at PKR 192,000 and one gram of silver is priced at PKR 2,292 in this city.

Bahawalpur

In the desert city of Bahawalpur, gold and silver prices remain unchanged at PKR 192,000 for one gram of gold and PKR 2,292 for one gram of silver. This city is known for its historic palaces and rich culture.

Gujrat

Gujrat, a major industrial and agricultural center in Punjab province, also has a strong presence in the gold market. As of October 6, one gram of gold is priced at PKR 192,000 and one gram of silver is priced at PKR 2,292 in this city.

Nawabshah

Nawabshah, a city in Sindh province known for its agriculture and textile industries, also follows the trend with gold priced at PKR 192,000 for one gram and silver at PKR 2,292 for one gram.

Chakwal

In the historic city of Chakwal, gold and silver prices remain steady at PKR 192,000 and PKR 2,292 respectively. This city is known for its agriculture and beautiful landscapes.

Hyderabad

As a major center for trade and commerce in Sindh province, Hyderabad also has a significant impact on the country’s precious metals market. The price of gold remains unchanged at PKR 192,000 per gram while silver is priced at PKR 2,292 per gram in this city.

Nowshehra

Nowshehra, a city in Khyber Pakhtunkhwa province, is another major player in the gold market. As of October 6, one gram of gold is priced at PKR 192,000 while one gram of silver is priced at PKR 2,292 in this city.

Sargodha

Known as the “City of Eagles”, Sargodha is a major agricultural and industrial center in Punjab province. The price of gold remains steady at PKR 192,000 per gram while silver is priced at PKR 2,292 per gram in this city.

Faisalabad

As a major textile and industrial hub, Faisalabad has a strong presence in the precious metals market. As of October 6, one gram of gold is priced at PKR 192,000 while one gram of silver is priced at PKR 2,292 in this city.

Mirpur

Mirpur, a city in Azad Jammu and Kashmir known for its scenic beauty and tourism, also has a significant impact on the precious metals market. The price of gold remains unchanged at PKR 192,000 per gram while silver is priced at PKR 2,292 per gram in this city.

We hope this update helps you in making informed decisions about gold and silver investments. Stay tuned for more updates on the prices of precious metals in Pakistan.

Factors Affecting Gold Rates

There are many factors that can influence the price of gold. Some of the key ones include:

  • Global Economic Conditions: The state of the global economy plays a significant role in determining the demand for gold. During times of economic uncertainty or instability, investors tend to turn to gold as a safe haven, driving up its price.
  • Inflation: As mentioned earlier, gold is often seen as a hedge against inflation. When prices of other assets and currencies rise, the value of gold also tends to increase.
  • Central Bank Policies: Changes in monetary policies set by central banks can impact the demand for gold. For instance, if a central bank decides to increase interest rates, investors may shift their focus away from gold and towards other investments with higher yields.
  • Geopolitical Tensions: Any major political or social upheaval can cause a surge in demand for gold as investors seek refuge from uncertain markets.