Gold rates in Pakistan have risen up beyond our expectations. Never ever in the history of Pakistan, it reached to Rs 68,000 that is the highest rate. In the last year, the price of gold touched the highest rates i.e. Rs 68,000 and this year it crossed the Rs 68,000 and reached to Rs 68,500.
Last year, the gold rates rose up by 20% according to the reports of Pakistan Bureau of Statistics. However, now, for a few days, the prices are a bit stable and we see a bit decline in its rates. For the last two days, the rate of gold is the same, but the people are expecting a decline in it.
Today, the rate of gold in the International market remains the same at $1306.80. But the gold traders in Pakistan adjust the price of gold daily on the basis of the fluctuations in dollar rate. According to the Karachi Saraf Association, the price of 24K gold per 10 grams is Rs 58,231.25 and the price of 24K gold per tola is Rs 67,848.84. Similarly, the price of 22K gold per 10 grams is Rs 53,378.65 whereas; the price of 22K gold per tola is Rs 62,194.77.
If we compare the rates of gold yesterday and tomorrow, there is neither decline nor jump up. It remains the same today as it was on yesterday.