Rates Increase of Gold. Pakistan is a net importer of gold, therefore an increase in international markets translates into an increase in prices in the domestic market.
The All Sindh Saraf Jewelers Association (ASSJA) determines gold prices in Pakistan for local markets six days a week, Monday to Saturday. In addition to international price changes, the rupee-dollar parity also affects local prices.
In the aftermath of the ravages caused by the Covid-19 pandemic, many investors flocked to the safe-haven asset that pushed gold prices up nearly a decade on global markets.
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Detail of Rates Increase of Gold:
Gold Rate | 24K Gold | 22K Gold | 21K Gold | 18K Gold |
---|---|---|---|---|
per Gram | Rs. 12265 | Rs. 11239 | Rs. 10728 | Rs. 9195 |
per 10 Gram | Rs. 122600 | Rs. 112383 | Rs. 107275 | Rs. 91950 |
per Tola Gold | Rs. 143000 | Rs. 131082 | Rs. 125125 | Rs. 107252 |
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