Gold Rates in Pakistan 2022
This article provides an overview of gold rates throughout the year 2022.
یہ مضمون پورے سال 2022 میں سونے کے نرخوں کا ایک جائزہ فراہم کرتا ہے۔
January 2022
On January 1st, 2022, the price of 24k gold per ounce in Pakistan was 318,462, with 10 grams priced at 102,390. By the end of January, the rates dropped slightly to 317,704 per ounce and 102,140 for 10 grams.
یکم جنوری 2022 کو پاکستان میں 24k سونے کی فی اونس قیمت 318,462 تھی، جس کے 10 گرام کی قیمت 102,390 تھی۔ جنوری کے آخر تک، قیمتیں قدرے گر کر 317,704 فی اونس اور 10 گرام کے لیے 102,140 ہوگئیں۔
| 2022 January | Oz Gold Rate | 1 gram Gold Rate |
| Start of Month |
318,462 |
10,239 |
| End of Month |
317,704 |
10,214 |
February 2022
The gold rate on February 1st, 2022, stood at Rs. 317,816 per ounce and Rs.102,180 per 10 grams. By the end of the month, rates rose to 338,290 per ounce and 10,876 per gram.
| 2022 Feb | Oz Gold Rate | 1 gram Gold Rate |
| Start of Month |
317,816 |
10,218 |
| End of Month |
338,290 |
10,876 |
March 2022
In March, gold prices started at Rs.344,987 per ounce and Rs.110,920 per 10 grams. By month-end, rates increased to Rs.353,172 per ounce and Rs.11,355 per gram.
April 2022
At the beginning of April, the gold rate was Rs.113,770 per 10 grams and Rs.353,871 per ounce. By April 30th, rates slightly decreased to Rs.352,318 per ounce and Rs.32,655 per tola.
| 2022 April | Oz Gold Rate | 1 gram Gold Rate |
| Start of Month |
353,871 |
11,377 |
| End of Month |
352,318 |
11,327 |
[ays_chart id=”18″]
May 2022
On May 1st, gold was priced at Rs 129,705 per tola and Rs 111,240 per 10 grams. By the end of May, rates reached Rs 131,827 for 24 carats.
| 2022 May | Oz Gold Rate | 1 gram Gold Rate |
| Start of Month |
346,010 |
11,124 |
| End of Month |
351,659 |
11,306 |
June 2022
The gold price on June 1st was Rs.136,841 for 24-carat gold and Rs.365,045 per ounce. By June 30th, rates dropped to Rs.118,540 per 10 grams.
| 2022 June | Oz Gold Rate | 1 gram Gold Rate |
| Start of Month |
365,045 |
11,736 |
| End of Month |
368,701 |
11,854 |
July 2022
On July 1st, gold was valued at Rs.138,742 per tola and Rs.135,770 for 10 grams. By month-end, rates surged to Rs.422,302 per ounce.
| 2022 July | Oz Gold Rate | 1 gram Gold Rate |
|
Start of Month |
370,091 |
11,899 |
|
End of Month |
422,302 |
13,577 |
August 2022
At the beginning of August, the rate for 24-karat gold was Rs.158,750 per tola and Rs.423,483 per ounce. By August 30th, rates declined to Rs.373,302 per ounce.
| 2022 August | Oz Gold Rate | 1 gram Gold Rate |
| Start of Month |
423,483 |
13,615 |
| End of Month |
373,302 |
12,002 |
[ays_chart id=”19″]
September 2022
The gold rate on September 1st was Rs.138,614 per tola and Rs.369,771 per ounce. By month-end, rates increased to Rs.378,853 per ounce.
| 2022 Sep | Oz Gold Rate | 1 gram Gold Rate |
| Start of Month |
369,771 |
11,888 |
| End of Month |
378,853 |
12,180 |
October 2022
Starting at Rs.145,353 per tola on October 1st, rates decreased to Rs.144,327 by month-end.
| 2022 Oct | Oz Gold Rate | 1 gram Gold Rate |
| Start of Month |
387,727 |
12,466 |
| End of Month |
384,992 |
12,378 |
November 2022
In November, gold was priced at Rs.136,258 per tola and Rs.116,860 per 10 grams. By month-end, rates rose to Rs.127,570 per 10 grams.
| 2022 Nov | Oz Gold Rate | 1 gram Gold Rate |
|
Start of Month |
363,466 |
11,686 |
|
End of Month |
369,772 |
12,757 |
December 2022
The gold rate on December 1st was Rs.151,556 per tola and Rs.129,980 per 10 grams. By December 31st, rates reached Rs.154,833 per tola and Rs.132,790 per 10 grams.
| 2022 Dec | Oz Gold Rate | 1 gram Gold Rate |
|
Start of Month |
404,277 |
12,998 |
| End of Month |
413,011 |
13,279 |
[ays_chart id=”20″]
Historical Annual Data- Gold Price
|
Year |
Open Year |
Close Year |
| 2024 | Rs.2,074.37 |
Rs.22,31.56 |
| 2023 | Rs.1,824.16 |
Rs.1,811.27 |
|
2022 |
Rs.1,800.10 | Rs.1824.32 |
| 2021 | Rs.1,798.89 |
Rs.1,828.60 |
|
2020 |
Rs.1,520.55 |
Rs.1,895.10 |
|
2019 |
Rs.1,287.20 |
Rs.1,523.00 |
|
2018 |
Rs.1268.93 |
Rs.1,281.65 |
| 2017 | Rs.1,260.39 |
Rs.1,296.50 |
| 2016 | Rs.1,251.92 |
Rs.1,151.70 |
Live Price of Gold in Different Cities
Factors Affecting Gold Prices:
Gold prices fluctuate due to supply and demand, economic conditions, currency strength, and geopolitical tensions.
FAQs
What causes gold prices to fluctuate?
Gold prices can fluctuate due to various factors, including economic conditions, geopolitical tensions, changes in investor sentiment, and Dollar value.
Is gold a good investment during periods of economic uncertainty?
Yes, during uncertain times, gold is often considered a safe-haven asset. It depends on your situation and how much risk you’re comfortable with.
How do central bank policies impact gold prices?
Central bank policies impact on gold, such as interest rate adjustments and monetary stimulus measures, can influence broader economic conditions and, these turn, may affect gold prices.
How are gold prices determined in Pakistan?
Gold prices in Pakistan are determined based on international market fluctuations, supply-demand dynamics, and local market conditions, as observed by local associations like the Karachi Sarafa Bazar.
Conclusion
The fluctuation in gold prices in 2022 underscores the influence of various factors. Understanding these dynamics is crucial for navigating the volatile gold market effectively. Learn more about gold from gold pk.