Everything you need to know about the gold rate in Pakistan as of 3rd December 2024, in Pakistan gold rates change every day according to national and international markets. You may wonder how the international price affects the gold rates in Pakistan. The detailed strategy behind the understanding is that everyone does not understand it easily.
On 3rd December 2024, the gold price increased to Rs. 600 per 10 grams of 24 Karat – the new price is 235,940 for 24-karat (10 grams) ARY News reported today. On the other hand, the 10 grams (22 Karat ) of gold new price of 216,278 as of today’s rates. For a while, take a look at the international market through various websites where live updates are shared, jewellers must get the latest updates on Gold, Silver etc.
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Gold is a strong asset which plays a vital role in the economy of a country, additionally gold is a safe asset and its price increasing day by day in Pakistan. Gold prices highly increased in Pakistan since 2018 to yet, if someone had gold at that time then he got more valuable and now he has saved high profits. Make sure to identify the real and fake gold, jewellers are intelligent but other people who are not experts in this field face this kind of issue and waste their money.
Gold Rate in Pakistan on 3rd December
Keeping up to date in the gold market is necessary for sellers as well and it is mandatory for every buyer with the latest price with grams and tola.
| Gold | Price |
|---|---|
| 1 gram | 24,126 |
| 10 gram | 1041,260 |
| 1 Tola | 281,400 |
The above table shows the gold rates in Pakistan only, while the international market rates are different in Pakistan. In Pakistan’s gold market, there may be little difference seen in various cities of Pakistan, the gold price in Lahore may differ from Karachi, Islamabad or Karachi’s gold market may be cheaper than other cities it depends on tries you can visit the market.
How Internationally Gold Price Increase?
You may know that Gold is only used for jewellery shops or investment purposes, it is also used in manufacturing, medical and electrical products. To make the right investment of your money, the gold is only way which save your money without any risk and give you profit. Either you can use it or you can save it – in the international market, the gold price is higher than the previous year.
Let’s know the key figure how the price goes up and down, the price of any item increases when its demand increases in the market, as well as the scenario happening in the international gold market. When buyers purchase the gold and stock it the price goes up and when the market goes up they sell the gold and get a profit because stockers sell their huge stock and when huge stock comes into the market the price goes down.
Current International Gold & Silver Market Rates
| Gold ($2,646.10) Per Tola |
| Silver ($30.50) Per Tola |
Gold ($2,646.10) Per TolaSilver ($30.50) Per Tola
The Silver price increases and decreases internationally, the silver price does not highly increase and it is less valuable in the market instead of gold so its price increases to only a few hundred.
Gold & Silver Rate Since 2018
Here yearly rate comparison of gold & silver rates in Pakistan since 2018, it helps you to understand the value of these assets, and choose the right investment.
| Year | Gold (Tola) | Silver (10 gram) |
|---|---|---|
| 2018 | Rs. 67,000/- | Rs. 725 |
| 2019 | Rs. 88,400/- | Rs. 725 |
| 2020 | Rs. 113,700/- | Rs. 1500 |
| 2021 | 120,700/- | Rs. 2,100 |
| 2022 | 183,600/- | Rs. 3,200 |
| 2023 | 220,000/- | Rs. 4,100 |
| 2024 | 281,600/- | Rs. 5,200 |
In the silver market, its price highly increased since 2028, while the gold price mostly increased and it goes up to a high price in Pakistan. Due to inflation in Pakistan, the prices of gold, silver, petrol, diesel and others increased doubled. Still, prices do not decrease only a few hundred but later increase.
Gold is only an asset which holds a high investment for a long time to make a passive income without taking risks. If you have saved the gold in the past few years that means you save your future without taking risks. Gold prices increase and decrease daily according to the international gold market.
Generally, when the gold and silver prices increase in the international gold market then the prices also increase in every country. In Pakistan, the gold and silver prices are different each day, consumers and investors get details according to the trading markets.
Current Rates – Who Can Buy?
Current rates can be calculated international market, once you understand the international gold market you can understand how the gold price goes up and down. To buy gold, first check the current gold rates online and then decide to buy it.
There are no restrictions on the purchase of gold and silver, every person who affords the money to purchase the gold can pay the amount of 1 gram, 10 or 20 grams of gold. It is essential to check the gold is real and duplicated. Be aware, that in the gold market – people face fraud groups who emotionally guide people and sell them duplicate gold. It is happening in the market now.
Purchase Gold & Save Money
The gold not only be used for wearing purposes but can also be saved to earn profit, big inventors or the richest people invest the money and purchase the gold. Once they purchase, they stock it and sell it in the market after a few years or when the gold price is higher than that time. This way only a suitable way for those who people who want to save their money.
If you have many sources of income and you do want to save your money or invest in something which can generate profit by doing nothing without investment. In this case, this is the easiest way to manage both side profit and investment.
