The Gold Rate Today in Pakistan on 16th August 2024 sought a significant increase on the Day touching a new amount. Due to fluctuations in the international market, the precious metal price is increasing rapidly in recent weeks.
On Saturday, August 15th, 2024, the price of 24-karat gold in Pakistan touched a new digit of PKR 258,200 per tola. This price of 24-karat gold is much higher than the price recorded in previous weeks.
Gold (24K) and Silver Price in Pakistan-15th August 2024
| City | Gold (24K) | Silver |
| Islamabad | PKR 256,900 | PKR 2,654 |
| Lahore | PKR 256,900 | PKR 2,654 |
| Karachi | PKR 256,900 | PKR 2,654 |
| Peshawar | PKR 256,900 | PKR 2,654 |
| Quetta | PKR 256,900 | PKR 2,654 |
| Faisalabad | PKR 256,900 | PKR 2,654 |
If we break down the price of gold in 10 grams of 24-karat, the price is PKR 221,370. However, the cost of one gram is calculated at PKR 22,137. The gold rate today in Pakistan provides a better opportunity for investors and individuals to invest in precious metals.
For More: DailyPakPress Updates on Gold, Currencies, and Taxes
Furthermore, the gold price in Pakistan is linked to International market trends. It includes some important factors such as economic conditions, currency instabilities, and geopolitical uncertainties that show a big impact on domestic gold rates. So, this can result in a rapid increase in prices.
While gold has traditionally been seen as a haven asset during periods of economic uncertainty, investors are encouraged to conduct thorough research and seek advice from financial experts before making significant investments in gold.
Disclaimer: The price of gold rates mentioned above in the post is just for informational purposes it may increase or decrease. You should confirm rates from the local jewelers for the exact idea of gold prices.
