1 Tola Gold Price in Pakistan Today

 


1 Tola Gold Price in Pakistan - August 2024 Updates

By Rashid Javed - August 21, 2024

Gold has been used as a form of currency since around 1500 B.C. and remained a crucial element in economic systems until World War II, after which fiat currencies became more prevalent. Despite this shift, the value of gold has remained significant due to its continued demand. Below, we provide the latest updates on the 1 Tola Gold price in Pakistan for August 2024.

Current Gold Prices in Pakistan

As of August 2024:

  • 24K Gold Price: Rs. 235,600 per tola
  • 22K Gold Price: Rs. 215,965 per tola

Gold is highly valued for various uses, including in jewelry, electronics, and even medicine. The price of gold in Pakistan can fluctuate due to economic conditions, so it is essential to stay updated with the latest rates.

Gold Prices Across Major Cities in Pakistan

Here are the current gold prices per tola for 24K gold in major Pakistani cities:

City24K Gold Price (per Tola)10 Grams Gold Price (24K)
QuettaRs. 235,600Rs. 201,990
MultanRs. 235,600Rs. 201,990
KarachiRs. 235,600Rs. 201,990
FaisalabadRs. 235,600Rs. 201,990
HyderabadRs. 235,600Rs. 201,990
LahoreRs. 235,600Rs. 201,990
IslamabadRs. 235,600Rs. 201,990
PeshawarRs. 235,600Rs. 201,990
RawalpindiRs. 235,600Rs. 201,990

Uses of Gold

Gold is not only used in jewelry but also has industrial applications. In the East, it is commonly used in jewelry, medicine, and electronics. In Western countries, gold is employed in various high-tech fields, including spacecraft, computer chips, and mobile devices due to its excellent conductivity.

How to Check Gold Prices

To get the latest 1 Tola Gold price in Pakistan, including in Punjab, Sindh, KPK, and AJK, check daily updates on official websites or financial news platforms. Gold is a valuable investment, used not only in jewelry but also in electronics and medical applications.

1 Gram Gold Price in Pakistan

The current price for 1 gram of gold is Rs. 19,891. For real-time updates on gold prices across various weights and cities, visit official gold price tracking websites.

Impact of Economic Conditions

The price of gold can be influenced by various economic factors, including fluctuations in oil prices and overall economic conditions. However, the relationship between the price of petrol and gold is complex and not always direct.

Additional Information

For those interested in buying gold in smaller quantities, you can find the rates for different weights such as grams or ounces. The official website gold.pk provides up-to-date information on gold prices, including historical data and current rates.

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