Karachi: Gold rate in Pakistan today on February 27, 2023 is Rs. 192,000 per tola for 24 carats of precious metal in local bullion. This is the gold price in Pakistan for 24 carats according to various sources in the local bullion market of Karachi or Multan. It is worth noting that gold rates are generally the same across the country with a difference of a few hundred rupees between cities. Furthermore, it should be noted that gold price in Pakistan changes several times a day and the post is updated with the latest rates.
Gold Rate in Pakistan :
A tola of 24 carat gold in Pakistan is priced at Rs. 192,000 per tola on February 27, 2023 and will be uniform across the country with minor variations of a few hundred rupees across cities. These gold prices in Pakistan are taken from the gold market of Karachi or Multan. These rates change at least twice daily and the post is updated periodically throughout the day.
22 carat gold price of precious metal in Pakistan is Rs. 176,000 per tola as per bullion market.
The table below shows the breakdown of the Gold Price in Pakistan today for 27 February 2023:
Gold Rate in Pakistan Today [27 February 2023]
| Gold Rate | 24K Gold Rate Today | 22K Gold Rate Today |
| per Tola Gold | Rs. 192000 | Rs. 176000 |
| per 10 Grams | Rs. 164609 | Rs. 150892 |
| per Gram Gold | Rs. 16461 | Rs. 15090 |
This is the Gold Price in Pakistan Today, including Karachi, Lahore, Islamabad, Peshawar, Faisalabad, Hyderabad, Rawalpindi, Quetta, and Multan. The gold rates are similar throughout the different cities with only a few hundred rupees difference.
Please refer to your local gold dealers/jewelers for more accurate gold rates as per the market in your city.
Gold is a precious metal and a store of value that has been used as a currency for centuries. In Pakistan, gold is an important commodity, and many people invest in it as a hedge against inflation and currency devaluation. In this article, we will discuss the latest gold rates in Pakistan for February 27, 2023.
Current Gold Rates in Pakistan As of February 27, 2023, the price of gold in Pakistan is 127,684.62 Pakistani rupees per tola. The price of 10 grams of gold is 109,327.00 Pakistani rupees, while one ounce of gold is worth 3,972.28 US dollars.
Factors Affecting Gold Rates in Pakistan Gold prices are affected by various factors such as supply and demand, geopolitical events, interest rates, inflation, and currency fluctuations. The global economic and political situation also has a significant impact on gold prices. Any significant event in the world can cause a sudden shift in gold prices.
Supply and Demand: One of the most significant factors that affect gold prices is supply and demand. Gold is a finite resource, and mining companies can only extract a limited amount of gold each year. As the demand for gold increases, the supply dwindles, leading to higher prices.
Geopolitical Events: Political and economic instability in a country or region can cause fluctuations in gold prices. In times of uncertainty, investors often turn to gold as a safe-haven asset, which drives up its price.
Interest Rates: Interest rates and gold prices have an inverse relationship. When interest rates rise, the demand for gold decreases as investors shift their money to other assets that offer higher returns. Similarly, when interest rates fall, the demand for gold increases, leading to higher prices.
Inflation: Inflation is another factor that affects gold prices. As the value of a currency declines due to inflation, the demand for gold increases, leading to higher prices.
Currency Fluctuations: Gold is traded in US dollars globally. Any fluctuation in the value of the US dollar affects the price of gold. If the US dollar depreciates, the price of gold increases, and if the US dollar appreciates, the price of gold decreases.
Conclusion
Gold Rates in Pakistan Gold is an essential commodity that has stood the test of time as a store of value. In Pakistan, gold is an important investment asset, and its price is closely monitored by investors and traders alike. Understanding the factors that affect gold prices can help investors make informed decisions when investing in gold. As of February 27, 2023, the gold price in Pakistan is 127,684.62 Pakistani rupees per tola.
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