Welcome to the most up-to-date information on the gold prices in Pakistan for October 24, 2023. If you’re curious about the value of this precious metal, you’ve come to the right place. We’ll provide you with comprehensive details, including the latest rates for 24-karat and 22-karat gold per tola and per 10 grams. Plus, we’ll address the common question of why gold rates vary across cities in Pakistan.
Gold Rate in Pakistan Today
On 24 October 2023, the gold rate in Pakistan stands at Rs. 210,000 per tola for 24-karat gold and Rs. 180,041 for 10 grams of the same precious metal. These prices are specific to the local bullion market in Karachi and Multan. It’s essential to note that gold rates across Pakistan are generally consistent, with only slight variations of a few hundred rupees from city to city.
Understanding Gold Price Fluctuations
Gold prices in Pakistan fluctuate throughout the day. The post you’re reading is updated multiple times daily to ensure you receive the most accurate and current information. Several factors contribute to these fluctuations, including international market trends, currency exchange rates, and demand for gold in the domestic market.
Gold Price in Pakistan Today
For those interested in 22-karat gold, the rate stands at Rs. 192,500 per tola and Rs. 165,038 per 10 grams in the local bullion market. It’s important to highlight the reliability and accuracy of these prices, as they are sourced directly from the gold market in Karachi and Multan.
Breakdown of Gold Prices on 24 October 2023
Here’s a breakdown of the gold prices in Pakistan for today:
| Gold Rate in Pakistan Today 24 October 2023 | 24K Gold Rate Today | 22K Gold Rate Today |
|---|---|---|
| per Tola Gold | Rs. 210,000 | Rs. 192,500 |
| per 10 Grams | Rs. 180,041 | Rs. 165,038 |
| per Gram Gold | Rs. 18004 | Rs. 16504 |
Please keep in mind that while we strive to provide the most accurate information, it’s advisable to consult your local gold dealers and jewelers for the most precise gold rates in your city.
Gold Price Across Different Cities
The gold rates you see here are reflective of prices in various cities across Pakistan, including Karachi, Lahore, Islamabad, Peshawar, Faisalabad, Hyderabad, Rawalpindi, Quetta, and Multan. You’ll notice that the rates remain consistent, with only minor variations of a few hundred rupees from city to city.
Frequently Asked Questions (FAQs)
Are these gold rates accurate?
Yes, the gold rates provided in this article are accurate and sourced from the local bullion market in Karachi and Multan, ensuring their reliability.
Why do gold prices fluctuate throughout the day?
Gold prices are influenced by various factors, including international market trends, currency exchange rates, and local demand, leading to frequent fluctuations.
Do gold rates vary across cities in Pakistan?
While gold rates are generally consistent throughout Pakistan, there may be slight variations of a few hundred rupees from city to city due to local market dynamics.
How often is this post updated?
This post is updated multiple times a day to ensure that you receive the most current and accurate gold price information.
Where can I find the most precise gold rates for my city?
For the most precise gold rates in your city, it’s recommended to consult your local gold dealers and jewelers.
Are these gold rates for 24-karat and 22-karat gold?
Yes, the rates provided here are for both 24-karat and 22-karat gold, including prices per tola and per 10 grams.
Conclusion
In conclusion, the gold prices in Pakistan for 24 October 2023 are detailed above, offering you the latest rates for 24-karat and 22-karat gold. We’ve explained why gold prices fluctuate throughout the day and addressed common questions about variations in rates across cities. Rest assured that the information provided is accurate and updated regularly.