The Gold Rate Today in Pakistan on 1st September 2024 sought a significant increase on the Day touching a new amount. Due to fluctuations in the international market, precious metal prices have increased rapidly in recent weeks.
On Saturday, September 1st, 2024, the price of 24-karat gold in Pakistan touched a new digit of PKR 266,800 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-1st September 2024
City | Gold (24K) | Silver (1 tola) |
Islamabad | PKR 266,800 | PKR 3,092 |
Lahore | PKR 266,800 | PKR 3,092 |
Karachi | PKR 266,800 | PKR 3,092 |
Peshawar | PKR 266,800 | PKR 3,092 |
Quetta | PKR 266,800 | PKR 3,092 |
Faisalabad | PKR 266,800 | PKR 3,092 |
If we break down the price of gold in 10 grams of 24-karat, the price is PKR 228,740. However, the cost of one gram is calculated at PKR 22,390. The gold rate today in Pakistan provides a better opportunity for investors and individuals to invest in precious metals.
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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.