Internationally Gold steadied above $1,800 an ounce on Wednesday as investors stayed on the sidelines ahead of the US Federal Reserve’s interest rate decision, where it is expected to moderate its aggressive tightening campaign but point to a higher peak for rates.
Other major central banks including the European Central Bank, Bank of England and Swiss National Bank are also scheduled to decide on monetary policy this week.
Meanwhile, the metal surged nearly 2% on Tuesday to reach its highest levels in over five months following the release of cooler-than-expected US consumer price data.
The annual inflation rate in the US slowed to 7.1% in November 2022, compared to 7.7% in October and below market expectations of 7.3%. Gold is highly sensitive to the rates outlook as higher interest rates raise the opportunity cost of holding non-yielding bullion and dent its appeal, and vice versa.
today gold rate in Pakistan for 24K is 150,200. Similarly, per 10 grams today gold rate in Pakistan for 24K is 128,800. Yesterday, per tola gold rate in Pakistan for 24K was 150,200. Similarly, per 10 grams gold rate in Pakistan for 24K was 128,800.
See below the detailed table of gold rates in Pakistan today, 14th December 2022, for 24K, 22K, 21K, and 18K per tola and per 10 grams.
| Gold Rate | 24k Gold | 22k Gold |
|---|---|---|
| Per Tola Gold | Rs 150,200 | Rs 137,700 |
| Per 10 Gram Gold | Rs 128,800 | Rs 133,500 |
| Per Gram Gold | Rs 12,880 | Rs 13,350 |
While Gold Prices As Per Sarafah Bazaar Association Of Pakistan
| Gold Rate | 24k Gold | 22k Gold |
|---|---|---|
| Per Tola Gold | Rs 169,800 | Rs 155,650 |
| Per 10 Gram Gold | Rs 145,580 | Rs 118,066 |
| Per Gram Gold | Rs 14,560 | Rs 11,807 |
