TODAY’S GOLD RATES IN PAKISTAN – 27 FEBRUARY 2019 WITH LATEST UPDATES

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Day by day the gold rates are increasing not only in Pakistan but also across the world. For the very first time, the value of gold as a commodity was recognized by Egyptian people in 5000 B.C. Since then, its value is increasing gradually, and the traders use it as a currency.

Gold prices are increasing around the world as it is used in different industries from dentistry to space flights. It has non-corrosive properties, and that is highly demanded metal to manufacture the spacecraft. So, the metal is perfectly suitable to prepare the spacecraft from instruments to wiring. It is also used in dentistry as it is biocompatible metal and cannot harm the teeth. In the same way, it is used as currency on massive levels particularly in the Arabic countries. They also use it in the form of jewelry, in medicines and many other fields. Since it is used as a commodity, its worth is increasing day by day. That’s why the rates of gold keep increasing. Recently, the gold rates in Pakistan are touching the highest prices in the country’s history. It is crossing Rs 68,000 currently.

Today, the gold rate in the International market remains at the same level, i.e., $1306.80. According to the Karachi Saraf Association, the price for 24K gold per 10 grams is Rs 58,504.34 while the rate for 24K gold per tola is Rs 68,167.04. In the same way, the rate for 22K gold per 10 grams is Rs 53,628.98, and the rate for 22K gold per tola is Rs 62,486.45.

If we compare the gold rates for 24K per 10 grams today and yesterday, we see that the gold rate has a surge of Rs 105.03. It is still touching the highest prices in the country’s history.

Silver Rates In Pakistan – 27 February 2019

Silver is also a multipurpose metal that is used in a wide range of industries. It is considered the best electrical conductor and used in wiring. This precious metal comes with antimicrobial qualities, and it is used in pharmacy for the treatment of different diseases. It is also used in jewelry, anterior decoration, utensils manufacturing and in dentistry, etc.

Due to its multiple uses, the people use it as a commodity after gold. That’s why the rates of silver are also increasing day by day. Today, the silver rate per 10 grams is Rs 721.40, and the silver rate per tola is Rs 841.39.

If we compare the rates of silver per 10 grams today and yesterday, we find there is Rs 1.20 decline in prices.

LocationGold 24K 10 GramsGold 24K Per TolaGold 22K 10 GramsGold 22K per TolaSilver 10 Grams
PakistanRs 58,504.34Rs 68,167.04Rs 53,628.98Rs 62,486.45Rs 721.40
KarachiRs 58,504.34Rs 68,167.04Rs 53,628.98Rs 62,486.45Rs 721.40
LahoreRs 58,504.34Rs 68,167.04Rs 53,628.98Rs 62,486.45Rs 721.40
IslamabadRs 58,504.34Rs 68,167.04Rs 53,628.98Rs 62,486.45Rs 721.40
RawalpindiRs 58,504.34Rs 68,167.04Rs 53,628.98Rs 62,486.45Rs 721.40
PeshawarRs 58,504.34Rs 68,167.04Rs 53,628.98Rs 62,486.45Rs 721.40
QuettaRs 58,504.34Rs 68,167.04Rs 53,628.98Rs 62,486.45Rs 721.40
SialkotRs 58,504.34Rs 68,167.04Rs 53,628.98Rs 62,486.45Rs 721.40
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