Daily Times

Gold rates fall in local market

The gold prices continue to decline in Pakistan following the rupee’s appreciation against the United States (US) dollar, Daily Times reported.

According to the All Pakistan Jewellers Manufacturers Association, the per tola price of gold decreased by Rs1500 to Rs139,000 while the price of 10 grams reduced by Rs1286 to Rs119,170.

The Pakistani rupee continued its upward trajectory and gained Rs1.37 against the US dollar, bringing the interbank rate down to Rs219.75.

Gold rates fall in local market

According to the data shared by the State Bank of Pakistan (SBP), the Pakistani rupee closed at Rs219.75 after gaining Rs1.37 against the US dollar, up 0.63 percent.

In the open market, the dollar was being sold at Rs219 to Rs221, according to data shared by the Forex Association of Pakistan (FAP).

Gold Rate in Pakistan today on 1 September 2022 is being sold for Rs. 124320 per 10 grams, and the price of Gold is Rs. 145000 per tola in Pakistan today.

Gold Rate In Pakistan Today

Karachi is the main hub of the gold market, in Pakistan, Karachi is leading for the gold price, every city follows Karachi Sarafa Bazar Association for the gold price, Today gold rates for different cities including Karachi, Lahore, Islamabad, Peshawar, and Quetta are the same.

Gold Rate In Pakistan, 1 September 2022

Gold Rate	24K Gold Rate Today	22K Gold Rate Today	21K Gold Rate Today	18K Gold Rate Today
per Tola Gold Rate Today	Rs. 145000	Rs. 132916	Rs. 126875	Rs. 108750
per 10 Gram Gold Rate Today	Rs. 124320	Rs. 113959	Rs. 108780	Rs. 93240
per Gram Gold Gold Rate Today	Rs. 12432	Rs. 11396	Rs. 10878	Rs. 9324

Check the latest Gold prices updated on Daily Times news’s website. The standards of gold rates are accumulated in London Bullion Market and sometimes by IMF as they have the sole authority.