Today Gold Prices in Multan and Rawalpindi, Pakistan

As of December 15, 2024, gold prices in Pakistan have experienced notable fluctuations, impacting various cities and gold purities. Here’s a comprehensive overview:

Gold Ring Prices in Pakistan

The cost of gold rings varies based on weight, design complexity, and craftsmanship. For instance, a simple 5-gram 22K gold ring might cost around PKR 129,560 (5 grams x PKR 25,912 per gram). Additional charges for design and making fees apply.

Gold Rates in Multan

In Multan, the current gold rates are:

• 24K Gold: Approximately PKR 282,600 per tola and PKR 242,280 per 10 grams.
• 22K Gold: Around PKR 259,117 per tola.

Gold Rates in Rawalpindi

While specific rates for Rawalpindi aren’t detailed here, gold prices generally align with national trends. For precise figures, consulting local jewelers or financial news sources is recommended.

White Gold Rates in Pakistan

White gold, an alloy of gold and other metals like palladium or nickel, is priced based on its gold content and additional metals. As of December 15, 2024:

• 24K White Gold: Approximately PKR 23,674.12 per gram.
• 22K White Gold: Around PKR 21,732.84 per gram.
• 18K White Gold: About PKR 17,755.59 per gram.

18K Gold Rate in Pakistan

For 18K gold, which contains 75% pure gold:

• Per Tola: Approximately PKR 211,426.
• Per 10 Grams: Around PKR 181,268.

Factors Influencing Gold Prices

Several elements affect gold prices in Pakistan:

• International Market Trends: Global gold prices directly impact local rates.
• Currency Exchange Rates: Fluctuations in the Pakistani Rupee against the US Dollar can cause price changes.
• Local Demand and Supply: High demand or limited supply can drive prices up.

FAQs

How often do gold prices change in Pakistan?

Gold prices can change daily based on international market trends and local economic factors.

Is white gold more expensive than yellow gold?

White gold’s price is similar to yellow gold of the same karat but may include additional costs for rhodium plating.

How can I verify the current gold rate in my city?

Consult local jewelers or check reputable financial news websites for the latest rates.

What is the difference between 24K and 18K gold?

24K gold is 99.9% pure, while 18K gold contains 75% gold mixed with other metals, making it more durable.

Staying informed about current gold rates is crucial for making sound investment and purchasing decisions. Always refer to reliable sources or consult with local experts before finalizing any transactions.