The gold price today in Pakistan rose on Monday, 9 November, with 24-karat gold per tola up Rs3,200 to settle at Rs432,336 in the local market. The rates were issued by the All Pakistan Sarafa Gems and Jewellers Association. For anyone checking the price before buying, this is the key figure for the day.
Local rates
The association also listed rates for smaller weights. Ten grams of 24-karat gold rose by Rs2,744 to Rs370,658, while 10 grams of 22-karat gold went up by Rs2,516 to Rs339,782. Twenty-four karat is the purest grade of gold, while 22-karat gold contains a smaller share of pure gold, which is why its price is lower for the same weight.
A tola is a traditional unit of weight widely used for gold and silver across Pakistan. Because the association gave its gold figures per tola for 24-karat and per 10 grams for 22-karat, buyers comparing the two grades need to convert the units before setting prices side by side.
International market and silver
In the international market, the association said gold increased by $32 to $4,098 per ounce. An ounce is the unit used for global bullion prices, so these dollar figures cannot be compared directly with the rupee rates quoted per tola.
Silver also moved up on the local market. The price per tola rose by Rs55 to Rs5,723, while 10 grams of silver rose by Rs47 to Rs4,906. The association added that the international silver price increased by $0.55 to $52.45 per ounce.
Aasan alfaaz mein
Aaj Pakistan mein sone ki qeemat barh gayi hai, aur 24 karat sone ka ek tola Rs432,336 ka ho gaya hai. Yeh Rs3,200 ka izafa hai, jo sone ke kharidaron aur becharne walon dono ke liye ahem hai. 22 karat sone ka 10 gram Rs339,782 ka hai, aur chandi ki qeemat bhi barhi hai. Khareedne se pehle taaza rate zaroor dekh lein.
