Gold Prices Internationally And Domestically In Pakistan on DEC 15, 2022

gold prices

Gold fell below $1,800 an ounce on Thursday, sliding for the second straight session after the US Federal Reserve raised interest rates by a more moderate 50 basis points at its December meeting, but signaled that the fed funds rate could peak higher than anticipated in 2023.

The central bank projected rates would end at 5.1% next year before being lowered to 4.1% in 2024, higher than previously indicated. Fed Chair Jerome Powell said that the size of future increases would depend on incoming data, but warned that the Fed “still have some ways to go” in its tightening campaign.

Investors now await monetary policy decisions from the European Central Bank, Bank of England and Swiss National Bank.

While In Pakistan As Per Internationally Market Gold prices keep on changing daily in Pakistan, and the 24K per tola gold rate in Pakistan today is 152,300. Likewise, 24K per 10 grams gold rate in Pakistan today is 130,500.

Gold Rate 24k Gold 22k Gold
Per Tola Gold Rs 152,300 Rs 139,517
Per 10 Gram Gold Rs 130,500 Rs 119,624
Per Gram Gold Rs 13,050 Rs 11,962

Meanwhile, Gold Prices As Per Sarafah Bazaar Association Of Pakistan

Gold Rate 24k Gold 22k Gold
Per Tola Gold Rs 172,450 Rs 158,080
Per 10 Gram Gold Rs 147,850 Rs 135,600
Per Gram Gold Rs 14,780 Rs 13,560