Internationally Gold Prices held near $1,780 an ounce in subdued trade on Tuesday after losing nearly 1% in the previous session, as investors braced for key US inflation data that could influence the near-term outlook for interest rates, as well as the Federal Reserve’s policy decision on Wednesday.
The US central bank is widely expected to deliver a smaller 50 basis point rate hike this week, though the likely peak for rates remains highly uncertain as inflationary pressures stay elevated. Investors also turned cautious as other major central banks including the European Central Bank, the Bank of England and the Swiss National Bank are set to decide on monetary policy this week.
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.
While domestically 1 Tola gold price in Pakistan today for 24 karats is 151,100. It remains same as yesterday’s 1 Tola gold price in Pakistan for 24 karat that was 151,100. Likewise, 10-gram gold price in Pakistan today for 24 karats is 129,500. It remains same as yesterday’s 10-gram gold price in Pakistan for 24 karat that was 129,500.
Here is the detailed table of gold rates as per Internationally Market in Pakistan today for 13th December 2022.
| Gold Rate | 24k Gold | 22k Gold |
|---|---|---|
| Per Tola Gold | Rs 151,100 | Rs 138,448 |
| Per 10 Gram Gold | Rs 129,500 | Rs 118,707 |
| Per Gram Gold | Rs 12,950 | Rs 11,871 |
While the gold price as per sarafah Bazaar Association Of Pakistan
| Gold Rate | 24k Gold | 22k Gold |
|---|---|---|
| Per Tola Gold | Rs 169,000 | Rs 154,915 |
| Per 10 Gram Gold | Rs 144,890 | Rs 132,850 |
| Per Gram Gold | Rs 14,490 | Rs 13,285 |
