Gold is Expensive Globally

The price of gold remained stable in the local market, but gold became expensive globally

مقام مارکیٹ میں سونے کی قیمت مستحکم لیکن عالمی سطح پر سونا مہنگا ہو گیا

Despite the increase in global gold prices, the price of gold in the local market is stable. In the international bullion market, the price of gold rose by $2 to $2,187 per ounce.

سونے کی عالمی قیمتوں میں اضافے کے باوجود مقام مارکیٹ میں سونے کی قیمت مستحکم ہے. بین الاقوامی بلین مارکیٹ میں فی اونس سونے کی قیمت 2 ڈالر کے اضافے کے بعد 2187 ڈالر پر اگی .

Gold is Expensive Globally — Despite the increase in global prices, the price of 24-carat gold remained unchanged at Rs 228,200 and the price of 10 grams of gold per tola remained unchanged at Rs 195,645 in the local exchange market on Monday. Similarly, silver per tola in the country The price of silver remained unchanged at 2580 rupees and the price of silver per 10 grams remained at the level of 2211 rupees without any change.

عالمی قیمتوں میں اضافے کے باوجود مقامی صرافہ بازار میں پیر کے روز 24 کیرٹ سونے کی قیمت بغیر کسی تبدیلی کے 228,200 روپے اور فی تولہ 10 گرام سونے کی قیمت بھی بغیر کسی تبدیلی کے 195,645کی سطح پر مستحکم ہے.اسی طرح ملک میں فی تولہ چاندی کی قیمت بغیر کسی تبدیلی کے 2580 روپے اور فی 10 گرام چاندی کی قیمت بھی بغیر کسی تبدیلی کے 2211 روپے کی سطح پر مستحقم رہی.

Global Factors Affecting Gold Globally

Supply and Demand:

This is a basic economic principle that applies to any commodity, including gold. When demand for gold outstrips supply, prices tend to rise. Conversely, if there’s more gold available than buyers want, prices will likely fall.

Demand for Physical Gold:

Gold is prized for its beauty and cultural significance in many parts of the world. It is also seen as a haven investment, particularly during times of economic uncertainty. Countries like China and India are major consumers of physical gold, especially for jewelry and investment purposes.

Gold Production:

Gold mining is a complex and expensive process. The amount of gold that is produced each year can fluctuate depending on a variety of factors, including the price of gold itself.

Gold Rate in Lahore

Today’s Gold rate in Lahore is PKR. 193, 590 per 10 grams, and PKR. 224,640 per tola. According to the Lahore Sarafa market gold rate, and International Market gold rate.

Gold Rate in Islamabad

Today’s Gold rate in Islamabad is PKR. 193,590 per 10 grams, and PKR. 224, 640 per tola. According to the Islamabad Sarafa market gold rate, and International Market gold rate.

Gold Rate in Karachi

Today’s Gold rate in Karachi is PKR.224, 640 per 10 grams, and PKR. 193,590 per tola. According to the Karachi Sarafa market gold rate, and International Market gold rate.

FAQs

What is the price of 1 tola gold in Pakistan?

Gold Rate in Pakistan: Today’s Gold Price was updated on March 2024, 1 tola Gold Rate in Pakistan for 24 karats is Rs. 224,640, and 22 Karat Gold price for today is Rs. 205,727 karat rate per tola is Rs. 224,640 and 18k gold rate is Rs. 193,590 for 1 tola.

What is the price of 24k gold in Pakistan?

Today Gold Price is Rs 225,250. 24k GOLD rate in Pakistan is Rs 224, 750

What is the price of gold per gram in PKR?

Gold Rate per Gram is RS224, 220 of 22K and Gold price for 24K per Gram is RS 193,030 on Mar 2024, as per Saraf Jewelers Association.

How much is 1 tola in gold?

The Tola remains a gold and precious metals denomination in various South Asian nations. It is usually acknowledged to be 11.7 grams. However, many Pakistani jewelers have reduced it to 10 grams, making calculations easier to use and understand.