Today gold rate per Tola in Pakistan is Rs 238,800.
1 gram of 24K gold rate in Pakistan is Rs 20,474, while the cost for 10 grams of 24K gold is Rs 208,940.
| Gold Rate PKR | 24K Gold | 22K Gold | 21K Gold | 18K Gold |
| Per Tola | 238,800 | 218,900 | 208,950 | 176,812 |
| 10 Gram | 204,740 | 187,678 | 179,148 | 153,555 |
| Per Gram | 20,474 | 18,768 | 17,685 | 15,355 |
| Per Ounce | 580,284 | 531,927 | 501,263 | 435,213 |
Discover up-to-date and precise gold prices on Brandsandsale, aligning with global market trends. Explore rates in Pakistan for 1 gram, 10 grams, 1 Tola, and 1 ounce across 22K, 21K, 18K, and 24K gold, ensuring you stay informed about the latest international market fluctuations.
Today Silver Prices In Pakistan – PKR
| 10 Gram | 1 Tola | 1 Ounce |
| 2250 | 2610 | 6900 |
Understanding Gold Weight: Tola, Ounce, and Gram Conversion
Gold enthusiasts often find themselves curious about the weight of gold, particularly in different units like Tola, Ounce, and Grams. In this article, we’ll explore the conversions between these units to provide you with a comprehensive understanding of how they relate.
The Tola to Gram Conversion
In Pakistan, one Tola is equivalent to 11.667 grams of gold. This conversion is crucial for those looking to buy or sell gold in the country, as it’s a standard measure used by jewelers and gold traders. Understanding this conversion helps you make informed decisions about gold purchases and sales.
How Many Tolas in an Ounce of Gold?
If you’re interested in trading gold in Pakistan, you might be wondering how many Tolas make up an ounce of gold. Well, one ounce of gold is equal to approximately 2.43 Tolas. This conversion is essential for international transactions and for individuals who wish to trade gold on a global scale.
The Grams in an Ounce of Gold
For those more accustomed to dealing with the metric system, it’s useful to know that one ounce of gold is equivalent to 28.35081 grams. This metric conversion is especially important for those who are comfortable with the gram unit and prefer it for their gold transactions.
Understanding these conversions can make your gold dealings more convenient and transparent. Whether you’re buying, selling, or trading gold, having a clear grasp of how Tolas, Ounces, and Grams relate to one another is an invaluable asset in the world of gold trading. So, next time you’re dealing with gold, you’ll be well-prepared to make informed decisions based on these essential conversions.
- 24 Karat Gold is called Gold 999 and it 99.99% pure
- 22 Karat Gold is called Gold 916 and it 91.67% pure.
- 21 Karat Gold is called Gold 875 and it 87.50% pure.
- 20 Karat Gold is called Gold 833 and it 83.33% pure.
- 18 Karat Gold is called Gold 750 and it 75.00% pure.
Unlocking the Secrets of Gold Price Determinants
Gold, a precious metal cherished worldwide for its investment potential and its role in crafting exquisite jewelry, is a fascinating entity in the global market. Numerous factors, each with its own unique influence, conspire to determine the ever-fluctuating prices of this radiant metal. In this article, we’ll delve into the key drivers that can sway the value of gold.
Delving into the Dynamics
Understanding the multitude of forces that shape the world of gold is essential for investors and enthusiasts alike. Here are the major factors that can send ripples through the gold market:
1. Interest Rates
One of the foremost influencers of gold prices is the prevailing interest rates. When interest rates rise, the cost of holding gold can become relatively higher. This is because gold doesn’t offer any dividends or interest, and holding it entails an opportunity cost. Conversely, lower interest rates can make gold more appealing to investors by reducing the opportunity cost, potentially boosting its value.
2. Monetary Policy
Monetary policy, often steered by central banks, is another pivotal factor. The decisions regarding money supply and interest rates can significantly impact the gold market. Central banks’ moves can either elevate or suppress the appeal of gold as an investment option.
3. Geopolitical Events
Global political developments, often characterized by tension and uncertainty, can create turbulence in the gold market. Geopolitical events such as conflicts and international relations can drive investors toward gold as a safe haven, causing its value to surge.
4. Risk Sentiment
Investor sentiment plays a critical role in gold price fluctuations. In times of increased risk aversion, investors tend to flock to assets like gold that are considered safe, pushing prices higher. Conversely, during periods of risk appetite, when investors are more inclined to take on risk, gold may experience a dip in value.
5. Currency Markets
Gold is traditionally denominated in U.S. Dollars, which means currency markets have a substantial sway over its price. A strengthening U.S. Dollar can make gold relatively more costly for foreign investors, leading to a potential price drop. Conversely, a weaker dollar can make gold more affordable for foreign investors, potentially driving up its price.
6. Inflation and Deflation
The economic phenomena of inflation and deflation can impact gold prices. Historically, gold has been seen as a hedge against inflation, and its value may rise when there are concerns about rising prices. On the other hand, during deflation, when prices are decreasing, gold’s appeal might diminish.
7. Investment Demand
Investor appetite for gold can be a driving force. When investors seek the safety and potential returns of gold, its price may rise. Conversely, waning interest from investors can put downward pressure on gold prices.
8. Jewelry Demand
Gold’s allure isn’t limited to investment; it is also a cornerstone of the jewelry industry. Demand for gold jewelry, particularly in countries like India, can exert upward or downward pressure on gold prices. Strong demand for gold jewelry tends to elevate prices, while weaker demand can contribute to price declines.
9. Equity Markets
The performance of equity markets can indirectly influence gold prices. When stock markets experience downturns or extreme volatility, investors may seek refuge in gold, driving up its value.
The Dollar’s Dominance
It’s worth highlighting that the U.S. Dollar, as the primary denomination for gold, wields significant influence. As the dollar strengthens, it can make gold costlier for foreign investors, potentially depressing its price. Conversely, a weakening dollar can make gold more affordable for foreign investors, potentially boosting gold prices. The fluctuations in the U.S. Dollar Index often trigger daily changes in live gold prices.
In conclusion, gold’s value is not solely determined by its intrinsic qualities but is deeply intertwined with a web of economic, geopolitical, and market forces. Recognizing these dynamic factors can provide valuable insights for those seeking to understand and navigate the captivating world of gold investments.
