Gold has always held a special place in the hearts and portfolios of investors in Pakistan. As of September 12, 2023, the gold rates in the country continue to captivate the attention of both buyers and sellers. This article delves into the latest developments in the gold market in Pakistan, shedding light on the prices for both 24-karat and 22-karat gold on this specific date.
The Gold Rate for 24-Karat Gold
On September 12, 2023, the price of 24-karat gold in Pakistan stands at an impressive Rs. 207,500 per tola. This shining valuation makes it an enticing investment opportunity for those who recognize the enduring value of this precious metal. Notably, this rate applies to the entire nation, with only minor fluctuations of a few hundred rupees across different cities. The primary sources for these gold prices are the local bullion markets in Karachi and Multan.
Fluctuations Throughout the Day
One interesting aspect of the gold market in Pakistan is its dynamic nature. Gold prices in the country change at least twice daily, responding to global economic trends, geopolitical developments, and other factors that influence the demand and supply of this precious metal. Therefore, the rate mentioned above is merely a snapshot of the moment, and potential investors should stay vigilant and consult updated rates when considering a gold purchase.
10-Gram Gold Price for 24-Karat Gold
For those looking to invest in smaller quantities, the price of 10 grams of 24-karat gold on September 12, 2023, is Rs. 177,897. This presents a more accessible entry point into the world of gold ownership, allowing a broader range of individuals to participate in this potentially lucrative market.
22-Karat Gold Price
While 24-karat gold reigns supreme in terms of purity, 22-karat gold is also highly sought after by investors and jewelry enthusiasts. On the same date, a tola of 22-karat gold in Pakistan is valued at Rs. 190,208. For those interested in 10 grams of this slightly less pure but still valuable form of gold, the price is Rs. 163,072 in the local bullion market.
Gold Rate in Pakistan Today 12 September 2023
| Gold Rate | 24K Gold Rate Today | 22K Gold Rate Today |
| per Tola Gold | Rs. 207500 | Rs. 190208 |
| per 10 Grams | Rs. 177897 | Rs. 163072 |
| per Gram Gold | Rs. 17790 | Rs. 16307 |
Conclusion
The gold market in Pakistan remains an exciting arena for both seasoned investors and newcomers alike. With prices for 24-karat and 22-karat gold holding strong on September 12, 2023, individuals have the opportunity to make informed decisions regarding their investments in this precious metal. However, it is essential to remember that these rates are subject to change, so diligent monitoring of the market is crucial for anyone looking to make a sound investment in gold.