If you’re looking to invest in gold or simply want to keep track of the latest prices, you’ve come to the right place. Today, on November 6, 2024, the gold rates in Pakistan have been updated, reflecting the ongoing fluctuations in the global market. Here’s everything you need to know about today’s gold prices.
Current Gold Prices in Pakistan
The gold rate in Pakistan is determined by the Karachi Sarafa Bazar Association, which closely monitors international gold prices. Below is a breakdown of today’s rates:
| Gold Type | Per Tola | Per 10 Grams | Per Gram |
|---|---|---|---|
| 24k Gold | Rs 288,500 | Rs 247,350 | Rs 24,735 |
| 22k Gold | Rs 264,442 | Rs 226,736 | Rs 22,674 |
Understanding Gold Purity
Gold purity is measured in karats (k). The most common purities are 24k and 22k:
- 24k Gold: This is pure gold, containing no other metals. It is more expensive and is usually preferred for investment.
- 22k Gold: This gold contains 91.67% pure gold and is mixed with other metals for added strength, making it ideal for jewelry.
Why Gold Prices Fluctuate
Gold prices fluctuate due to various factors, including:
- Global Economic Conditions: Economic instability often drives investors to gold as a safe haven.
- Currency Value: The strength of the Pakistani Rupee against the US Dollar can influence local gold prices.
- Demand and Supply: Seasonal demand, especially during festivals and weddings, can also affect prices.
Tracking Gold Prices
For those interested in keeping up with gold prices in different cities, you can check the latest updates at UrduPoint. Whether you’re in Lahore, Karachi, or Islamabad, staying informed can help you make better investment decisions.
Conclusion
As of today, November 6, 2024, the gold rate in Pakistan reflects the ongoing changes in the international market. Whether you are buying for investment or personal use, knowing the current rates is crucial. Stay tuned for more updates on gold prices and market trends!