Gold Rate in Pakistan Today, August 17, 2023

The gold rate in Pakistan today, August 17, 2023, is Rs. 224,000 per tola for 24-karat gold. This is an increase of Rs. 1,000 from the previous dayโ€™s rate of Rs. 223,000 per tola.

The gold rate in Pakistan is determined by the international gold price, which is influenced by a number of factors, including interest rates, inflation, and political and economic stability.

The 24-karat gold rate is the highest, followed by the 22-karat gold rate, the 21-karat gold rate, and the 18-karat gold rate. The purity of gold is measured in karats, with 24-karat gold being the purest and 18-karat gold being the least pure.

The gold rate in Pakistan is usually higher in major cities such as Karachi, Lahore, and Islamabad. The gold rate in smaller cities and towns is usually lower. The gold rate in Pakistan is subject to change on a daily basis. It is advisable to check the latest gold rate before making any purchases.

Here is the gold rate in Pakistan today for different purities:

Gold rate in Pakistan Today โ€“ Thursday 17 August 2023

Gold Rate 24K Gold 22K Gold 21K Gold 18K Gold
Per Tola Gold 232,139.897 212,794.906 203,122.410 174,104.923
Per 10 Gram Gold 198,971.370 182,390.422 174,099.949 149,228.527
Per 1 Gram of Gold 19,897.137 18,239.042 17,409.995 14,922.853
Per Ounce 564,099.950 517,091.621 493,587.456 423,074.963

Source: Sarmaaya. pk

The gold rate in Pakistan is a good indicator of the overall economic health of the country. When the gold rate is high, it indicates that investors are looking for safe-haven assets. When the gold rate is low, it indicates that investors are more confident in the economy.

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The gold rate is also influenced by the price of oil. When the price of oil is high, it makes gold more expensive, as gold is often used as a hedge against inflation.

The gold rate is a volatile asset, and it is important to do your research before making any investments. You should also consult with a financial advisor to get personalized advice.

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