We provide you with timely and accurate gold prices as per international market. You can find live prices for 1 gram, 10 gram, 1 Tola and 1 ounce of 22K and 24K Gold. You can also find performance charts for the past 1 week, 1 month, 3 months, 6 months and 1 year.
|Gold Rate||24K Gold||22K Gold||21K Gold||18K Gold|
|Per Tola Gold||117,710.572||107,901.358||102,996.750||88,282.929|
|Per 10 Gram Gold||100,891.893||92,484.235||88,280.407||75,668.920|
|Per 1 Gram Gold||10,089.189||9,248.424||8,828.041||7,566.892|
A single Tola of 24K Gold in Pakistan was being sold at Rs 117,710.572 on Tuesday 07 Dec, 2021.
1 gram of 24k Gold was being sold at Rs 10,089.189 and 10 grams of 24K Gold were being traded for Rs 100,891.893.
A single ounce of 24 Karat Gold was trading at Rs 313,816.153.
Currently in Pakistan, one tola equals to 11.667 grams of gold
One ounce is equal to 2.27 Tolas of Gold in Pakistan.
One ounce of Gold is equivalent to 31.1034807 grams
Gold is recognized all over the world for its investment value as well as for its use in jewelry making. As a global market, gold prices can be affected by a host of factors. Some of the major potential drivers of live gold prices include:
* Interest rates
* Monetary policy
* Risk aversion/appetite
* Currency markets
* Inflation or Deflation
* investment demand
* jewelry demand
* Equity markets
Gold is typically denominated in U.S. Dollars, and the value of the dollar can have a significant impact on the live gold price. As the dollar strengthens, it can potentially make gold relatively more expensive for foreign investors, driving the price down in the process. On the other hand, if the dollar is weakening, it can potentially make gold relatively less expensive for foreign investors, driving gold prices higher in the process. Changes in the U.S. Dollar Index are a major catalyst for changes in live gold prices on a daily basis.
Gold can also be affected by rising or falling gold jewelry demand. India, for example, is home to a major gold jewelry market. When demand for such jewelry is strong, gold prices may possibly rise. If jewelry demand is soft, however, it may potentially be reflected in weaker gold prices.
Interest rates are another primary driver of gold prices. Higher interest rates can make holding gold relatively more expensive, as there is an opportunity cost to hold gold given the fact that it does not pay dividends or interest. Lower interest rates, however, may potentially have a positive effect on gold. This is due to the fact that lower rates lessen the potential opportunity cost of holding gold, and therefore may possibly make it more attractive to investors.
Today GOLD Price Live Updates. Sarmaaya Pakistan provides live price updates, volumes, technical indicators of GOLD, and gold converter
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