Islamabad, Feb 14: As of today, February 14, 2025, the gold price in Pakistan has seen fluctuations influenced by both domestic and global market factors. For those looking to invest or purchase gold, the prices vary depending on the purity of the metal and the weight of the gold. The prices are subject to change based on international trends, currency rates, and local demand.
Latest Gold Rates (24K) in Pakistan
The latest rate for 24K gold in Pakistan stands at approximately PKR 235,000 per 10 grams. The price of gold is frequently updated, reflecting shifts in international gold prices, currency fluctuations, and economic factors.
READ MORE: Gold Price in Pakistan Today – 12 February 2025
Gold Prices for Different Purities
Gold prices in Pakistan vary based on the purity level, with the 24K (pure gold) being the most expensive. Other common purities and their respective prices are as follows:
- 22K Gold: Approximately PKR 215,000 per 10 grams
- 21K Gold: Around PKR 205,000 per 10 grams
- 18K Gold: Estimated at PKR 175,000 per 10 grams
These rates may fluctuate, so it’s essential to check with local dealers for the most accurate pricing.
Gold Measurement Conversions
Gold is typically sold by weight, with the most common measurement being in grams or tolas. To convert:
- 1 Tola = 11.663 grams
- 1 Gram = 0.0857 Tola
Understanding these conversions is crucial when calculating the price of gold for purchasing or selling.
Why Do Gold Prices Change?
Gold prices are affected by a variety of factors. The most significant include:
- International demand and supply: Global economic conditions and jewelry demand in major markets like India and China directly impact gold prices.
- Currency fluctuations: Gold is priced in US dollars, so fluctuations in the dollar value affect local prices in Pakistan.
- Geopolitical instability and inflation: In times of uncertainty, investors tend to flock to gold as a safe haven, driving prices up.
How Gold Prices React to the Market
Gold is considered a stable investment, but its price reacts sensitively to market trends. In times of economic crisis or high inflation, demand for gold tends to rise, leading to an increase in its price. On the other hand, when the economy is performing well and the stock markets are stable, demand for gold may drop, leading to lower prices. Additionally, changes in interest rates, particularly by central banks, can significantly influence gold’s value.
