Gold is a popular investment and accessory in Pakistan, and Karachi, the country's financial hub, sets the benchmark for gold prices nationwide. Keeping track of daily fluctuations in Karachi's gold market is crucial for buyers and sellers.

Today Gold Rate In Karachi

As on 09/10/24 gold rates are:

Understanding the Rates

Gold prices are typically quoted in two ways in Karachi:

Per Tola:

A tola is a traditional unit of weight in South Asia, equal to approximately 11.66 grams.

Per 10 Grams:

This is a more common unit for smaller gold purchases.

The rates usually reflect the purity of the gold, with 24 karat (kt) being the purest and most expensive. Prices for lower karat gold, like 22 kt or 18 kt, will be lower.

Factors Affecting Gold Rates

Several factors can influence Karachi's daily gold rates:

Global Gold Price: Fluctuations in the international gold market significantly impact Karachi's rates.

Exchange Rate:

Since gold is priced in US dollars, variations in the Pakistani rupee to USD exchange rate affect the local price.

Supply and Demand:

Local market dynamics of gold supply and demand can cause minor price fluctuations.

Staying Informed

By following our website for daily gold rate updates in Karachi, you can make informed decisions about buying or selling gold. Remember, prices can change throughout the day, so it's wise to check for the latest rates before making a transaction. You can check the gold rates in hydrabad here.