Today Gold rates in Pakistan, 16 Dec 2020 are being sold for Rs 94,300 per 10 grams, and the price of Gold is Rs 110,100 per Tola in Pakistan today. Read more: 17 December, 2020 gold rates in Pakistan. Below is the table providing the latest gold rates for the cities of Karachi, Lahore, Rawalpindi, Peshawar, Quetta, Faisalabad, Multan, Gujranwala, Sialkot and Islamabad. Today’s latest gold prices in Pakistan for 22 carats, 24 carats, 21 carats and 18 carats are available on the table. Gold Rate In Pakistan For 16 December 2020 Gold Rate 24K Gold 22K Gold 21K Gold 18K Gold per Tola Gold Rs. 111200 Rs. 101933 Rs. 97300 Rs. 83400 per 10 Gram Rs. 95300 Rs. 87358 Rs. 83388 Rs. 71475 per Gram Gold Rs. 9530 Rs. 8736 Rs. 8339 Rs. 7147 Key Factors that Drive the Gold Price Overall global demand for gold derives, gold rates in Pakistan. The jewelry-making industry uses gold on a very large-scale. In Asian communities, gold is considered as wealth and does transfer from one generation to the second generation. The gold prices are increased if the global demand is increased. When interest rates are low; the gold rates go high because of the low opportunity cost involved with precious metals like gold. At the time of high inflation rates, creditors start losing money so they are more inclined to buy or hold more gold. The fluctuation in the USD also drives the gold price and is directly linked if USD goes up, the gold price also see hikes.