Karachi is the main hub of the gold market, in Pakistan, Karachi is leading for the gold price, every city follows Karachi Sarafa Bazar Association for the gold price, Today gold rates for different cities including Karachi, Lahore, Islamabad, Peshawar, and Quetta are the same.
Gold rate in Pakistan and other countries has reliably been a much searched for in the wake of thing both for individuals everything being equivalent.
According to sources, closing price of gold twice has been a practice in the past, depending upon unusual fluctuation in gold price. There were buyers of gold in the market, but not sellers, which has resulted in increase in its price.
Mostly gold is imported in Pakistan from Gulf countries, the Gold price depends on the current Dollar rate. Gold is categorized according to its grade and quality. In Pakistan 22K and 24K gold is sold, which is measured as per tola and 10 grams weight. Gold jewelry also has making cost which is calculated according to the design of the product. Today Gold rate in Pakistan is Rs. 99,900 per 10 grams, and Rs. 116,600 per tola. The rates are normally same all over Pakistan, however every city Sarafa market decides the current gold rate. The Gold Rates in all major cities of Pakistan, including Karachi, Lahore, Peshawar and Islamabad are given below.