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Today Gold Rate In Pakistan Drop Of 24K, 22K On 31st August 2022

Gold: As per the Sarafa Association of Pakistan, per tola today gold rate in Pakistan for 24K is 143,400. Similarly, per 10 grams today gold rate in Pakistan for 24K is 122,900. Yesterday, per tola gold rate in Pakistan for 24K was 144,500. Similarly, per 10 grams gold rate in Pakistan for 24K was 123,900.

See below the detailed table of gold rates in Pakistan today, 31st August 2022, for 24K, 22K, 21K, and 18K per tola and per 10 grams.

Gold Rate 24k Gold 22k Gold
Per Tola Gold Rs 143,400 Rs 131,393
Per 10 Gram Gold Rs 122,900 Rs 112,658
Per Gram Gold Rs 12,290 Rs 11,266

Per tola today gold rate in Pakistan for 22K is 131,393. Similarly, per 10 grams today gold rate in Pakistan for 22K is 112,658. Yesterday, per tola gold rate in Pakistan for 22K was 132,461. Similarly, per 10 grams gold rate in Pakistan for 22K was 113,574.

In the table below, you can see the today gold rate in Pakistan for different cities as of 31st August 2022. Here, you can find the gold rate for 24k and 22k gold for 31st August 2022 in Karachi, Lahore, Islamabad, Rawalpindi, Peshawar, Quetta, and many other cities.

 

Location 24k per tola 24k 10g 22k per tola 22k 10g
Pakistan Rs 143,400 Rs 122,900 Rs 131,393 Rs 112,658
Karachi Rs 143,400 Rs 122,900 Rs 131,393 Rs 112,658
Lahore Rs 143,400 Rs 122,900 Rs 131,393 Rs 112,658
Islamabad Rs 143,400 Rs 122,900 Rs 131,393 Rs 112,658
Rawalpindi Rs 143,400 Rs 122,900 Rs 131,393 Rs 112,658
Peshawar Rs 143,400 Rs 122,900 Rs 131,393 Rs 112,658
Quetta Rs 143,400 Rs 122,900 Rs 131,393 Rs 112,658
Sialkot Rs 143,400 Rs 122,900 Rs 131,393 Rs 112,658

Internationally Gold Set for 5th Straight Monthly Drop;

Gold prices hovered near one-month lows around $1,720 an ounce on Wednesday and were headed for a fifth straight monthly drop.

As the US Federal Reserve indicated its commitment in fighting inflation by keeping interest rates higher for longer.

The metal is down more than 2% so far in August, reversing all the gains made earlier in the month.

New York Fed President John Williams told Wall Street Journal on Tuesday that he expects interest rates to continue higher and to remain at those levels until inflation is subdued, echoing recent comments from Fed Chair Jerome Powell.

Latest data also showed US job openings increased in July and consumer confidence rebounded significantly in August, bolstering the central bank’s aggressive policy stance.

Elsewhere, the European Central Bank is reportedly considering a bigger 75 basis point rate hike to tackle inflation ahead of its policy meeting next week.

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