Gold Price in Pakistan – 16 August 2024
Updated 16 August 2024 By Team
On 16 August 2024, the gold prices in Karachi, Lahore, Islamabad, and other cities were recorded as follows: 257,600 rupees per tola, 220,850 rupees per 10 grams, 22,085 rupees per gram, and 626,100 rupees per ounce. These prices are indicative of the general trend across major cities in Pakistan
The prices of gold can fluctuate throughout the day. For instance, here are the changes in the gold prices observed:
| Time (PKT) | 24K Gold per Tola |
|---|---|
| 08:00 AM | 257,500 PKR |
| 12:00 PM | 257,500 PKR |
| 04:00 PM | 257,600 PKR |
Detailed Gold Prices in 24k, 22k, 21k, and 18k carat
The detailed gold prices based on different carat values are as follows:
24K Gold
- Per Tola: 257,600 rupees
- Per Gram: 22,085 rupees
- Per 10 Grams: 220,850 rupees
- Per Ounce: 626,100 rupees
- Per Kilogram: 22,085,413 rupees
22K Gold
- Per Tola: 236,132 rupees
- Per Gram: 20,244 rupees
- Per 10 Grams: 202,444 rupees
- Per Ounce: 573,921 rupees
- Per Kilogram: 20,244,848 rupees
21K Gold
- Per Tola: 225,400 rupees
- Per Gram: 19,324 rupees
- Per 10 Grams: 193,244 rupees
- Per Ounce: 547,838 rupees
- Per Kilogram: 19,324,737 rupees
18K Gold
- Per Tola: 193,200 rupees
- Per Gram: 16,564 rupees
- Per 10 Grams: 165,638 rupees
- Per Ounce: 469,575 rupees
- Per Kilogram: 16,564,060 rupees
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Gold Prices in Major Cities
Additionally, gold prices in major Pakistani cities were recorded, including Karachi, Lahore, Islamabad, and Multan:
| City | 24K Rate per Tola | 22K Rate per Tola |
|---|---|---|
| Karachi | 257,600 | 236,132 |
| Hyderabad | 257,600 | 236,132 |
| Lahore | 257,600 | 236,132 |
| Multan | 257,600 | 236,132 |
| Islamabad | 257,600 | 236,132 |
| Faisalabad | 257,600 | 236,132 |
| Rawalpindi | 257,600 | 236,132 |
| Quetta | 257,600 | 236,132 |
It is essential to note that gold prices can fluctuate significantly due to various factors, including changes in the international market, currency exchange rates, and local demand and supply. Investors and consumers should keep a close watch on these variables to make informed decisions.
- 24K Gold: 257,600 rupees per tola and 220,850 rupees per 10 grams.
- 22K Gold: 236,132 rupees per tola and 202,444 rupees per 10 grams.
- 21K Gold: 225,400 rupees per tola and 193,244 rupees per 10 grams.
- 18K Gold: 193,200 rupees per tola and 165,638 rupees per 10 grams.
For those planning to buy gold, whether as an investment or for personal use, it is recommended to stay updated with the latest prices. Visiting your local sarafa bazar or consulting with trusted local jewelers can provide the most accurate and up-to-date information. Additionally, leveraging online resources and financial news can help you stay informed about global market trends and how they impact local gold prices.
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