Today’s gold rates in Pakistan – 20 June 2021

In Pakistan, Karachi is leading the gold price, every village in the Karachi Sarafa Bazar gold prize association, nowadays, the gold rates for various villages including Karachi, Lahore, Islamabad, Peshawar, and Quetta are the same. Karachi is the major Centre of the gold market.

Pakistan currently has a present gold rate of Rs 111,700 for a single gold tola of 24-karat.

At the end of trade, the price of ten grams 24 kg of gold went to Rs 95,480. Similarly, Rs. 87,784 sold 10 grams of 22 kg gold and at the closure today the price was 22 k tola of Rs. 102,482.Prices of gold in different cities:

 Global gold demand generates Pakistan’s gold rate. Gold is used extremely widely in the jewelry business. Gold is regarded as richness in Asian societies and transmitted from one to the second generation. If worldwide demand is boosted, gold prices will rise. Gold rates are high due to the cheap cost of opportunity in precious metals such as gold. While interest rates are low. When inflation rates are high, debtors lose money so that they are more likely to acquire or retain more gold. The volatility of the US dollar also influences the price of gold and is closely connected to it when the US dollar increases.

Important note: The gold rate in Pakistan is shifting according to the worldwide market therefore the price is never been fixed. Below rates are supplied by local gold markets and Sarafa Markets of different cities.