Gold Rate in Pakistan: 12 January 2024 Updates and Insights

As of January 12, 2024, the gold rate in Pakistan is significant, standing at PKR 219,800 per tola for 24-karat gold and Rs. 188,529 for 10 grams. This update reflects the prevailing global gold price of $2035 per ounce, illustrating the influence of the US Dollar on local rates.

Current Rates

Check out the current gold rates in Pakistan:

Gold Type Rate (PKR) Rate (USD)
24-Karat (per tola) 219,800
10 grams 188,529

Factors Impacting Rates

The gold market in Pakistan is dynamic, influenced by fluctuations in the dollar rate and the country’s economic stability. These factors contribute to the ever-changing gold rates, necessitating constant attention for those engaged in the market.

Stay Informed

For the most accurate rates, individuals are advised to consult local gold merchants regularly. While rates may slightly vary across cities, consistency prevails throughout Pakistan. Real-time updates are crucial, given the hourly fluctuations in gold rates.

Technological Assistance

Utilize the Live Gold Rate app from Google PlayStore for easy access to real-time updates. Additionally, reliable websites dedicated to gold rates offer valuable insights, ensuring you make informed decisions based on the latest market trends.

Conclusion

In conclusion, staying informed about the gold rate in Pakistan is vital for navigating the dynamic market. The rates, as of January 12, 2024, stand at PKR 219,800 per tola for 24-karat gold and Rs. 188,529 for 10 grams. Fluctuations are influenced by the dollar rate and economic stability. Regular updates and technological tools assist in making informed decisions.

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