Gold Rate In Pakistan Today, 5th May 2021

Today, on May 5, 2021, the price of gold in Pakistan is Rs. 89420 per 10 grams, and the price of gold per tola is Rs. 104300. Today’s Gold Rate in Pakistan

The main hub of the gold market in Pakistan is Karachi; every city in the country follows the gold price set by the Karachi Sarafa Bazar Association; today, gold prices in Karachi, Lahore, Islamabad, Peshawar, and Quetta are all the same.

Gold Rate In Pakistan, 5 May 2021

On the pakistantime.net news website, you will find the most recent gold rates. The gold rate standards are compiled in the London Bullion Market and, on occasion, by the IMF, which has sole authority.

Gold is regarded as the safest long-term savings. Gold jewelry is very common among Pakistani women, and gold is considered to be as good as cash. In Pakistan, the gold rate is never fixed; it fluctuates based on international gold prices. Gold is often imported into Pakistan from Gulf countries, and the price of gold is determined by the current Dollar rate.

Gold is classified based on its grade and quality. In Pakistan, 22K and 24K gold is sold, with weights measured in tolas and grams. Gold jewelry has a manufacturing cost that is determined by the product’s design. In Pakistan, the price of gold is currently Rs. 85,500 per ten grammes and Rs. 99,700 per tola. The prices are usually the same across Pakistan, but the current gold rate is determined by the Sarafa market in each region. The following table shows the gold rates in Pakistan’s major cities, including Karachi, Lahore, Peshawar, and Islamabad.