New Rates Increase of Gold in Pakistan 2023
Rates Increase of Gold. Pakistan is a net importer of gold, therefore an increase in international markets translates into an increase in prices in the domestic market.
The All Sindh Saraf Jewelers Association (ASSJA) determines gold prices in Pakistan for local markets six days a week, Monday to Saturday. In addition to international price changes, the rupee-dollar parity also affects local prices.
In the aftermath of the ravages caused by the Covid-19 pandemic, many investors flocked to the safe-haven asset that pushed gold prices up nearly a decade on global markets.
- Pakistan’s gold prices are influenced by international markets and the rupee-dollar exchange rate.
- The All Sindh Saraf Jewelers Association (ASSJA) sets gold prices in Pakistan six days a week, from Monday to Saturday.
- The Covid-19 pandemic led to a surge in gold prices globally as investors sought the safe-haven asset.
Table of Contents
Detail of Rates Increase of Gold:-
| Gold Rate | 24K Gold | |||
|---|---|---|---|---|
 per Gram | Rs. 189472.2 | |||
| per 10 Gram | Rs. 189472 | |||
| per Tola Gold | Rs.221,000 |
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