Gold and silver prices in Pakistan have been updated as of 02:00 AM on January 3, 2025. The latest rates in the bullion market, including international market trends, are detailed below for your convenience.
Current Gold Prices in Pakistan
Gold Type | Price per Tola (PKR) | Price per 10 Grams (PKR) |
---|---|---|
Gold 24 Karat | Rs 274,700 | Rs 235,511 |
Gold 22 Karat | – | Rs 215,885 |
Gold Price in the International Market
- Gold 24 Karat: $2,635 per ounce
Current Silver Prices in Pakistan
Silver Type | Price per Tola (PKR) | Price per 10 Grams (PKR) |
---|---|---|
Silver 24 Karat | Rs 3,350 | Rs 2,872.08 |
Silver Price in the International Market
- Silver 24 Karat: $29.25 per ounce
Factors Affecting Gold and Silver Prices
The prices of gold and silver are influenced by various economic and geopolitical factors, such as:
- Inflation: Higher inflation often leads to increased gold and silver demand.
- Currency Fluctuations: Changes in the value of the Pakistani Rupee (PKR) impact bullion prices.
- Global Events: Political or economic instability increases interest in precious metals.
Investing in Precious Metals: What You Need to Know
Gold and silver have long been considered safe-haven investments, particularly in times of market volatility. However, it is important to remember:
- Market Fluctuations: Prices can change rapidly due to local and global factors.
- Risk Management: Consult a financial advisor before making investment decisions.
- Long-Term Value: Precious metals are often more suitable for long-term portfolio diversification.
Conclusion
The latest gold and silver prices in Pakistan reflect the dynamic nature of the bullion market. Investors are advised to stay informed, exercise caution, and align their investment strategies with their financial goals.