Internationally : Gold price steadied above to $1,650 an ounce on Wednesday, holding a recent advance as traders cautiously awaited more clues on the trajectory of US Federal Reserve monetary tightening.
After delivering a widely expected 75 basis point rate hike in November, Fed officials are likely to consider a smaller increase in December amid concerns about overtightening, the WSJ reported on Friday.
Soft US data this week supported such a stance, as it signaled that tighter financial conditions are already having an impact on the economy.
Meanwhile, investors remained cautious about upside risks to inflation that could drive another rally in the dollar and Treasury yields. Markets also stayed firmly positioned in the dollar as a safe-haven asset and as an alternative to gold amid heightened political and economic uncertainties worldwide.
Domestically As per the Sarafa Association of Pakistan in the presence of Internationally Gold prices , per tola today gold rate in Pakistan for 24K is 136,300. Similarly, per 10 grams today gold rate in Pakistan for 24K is 116,800. Yesterday, per tola gold rate in Pakistan for 24K was 136,300. Similarly, per 10 grams gold rate in Pakistan for 24K was 116,900.
See below the detailed table of gold rates in Pakistan today, 26th October 2022, for 24K, 22K, 21K, and 18K per tola and per 10 grams.
| Gold Rate | 24k Gold | 22k Gold |
|---|---|---|
| Per Tola Gold | Rs 136,300 | Rs 124,871 |
| Per 10 Gram Gold | Rs 116,800 | Rs 107,066 |
| Per Gram Gold | Rs 11,680 | Rs 10,707 |
Per tola today gold rate in Pakistan for 22K is 124,871. Similarly, per 10 grams today gold rate in Pakistan for 22K is 107,066. Yesterday, per tola gold rate in Pakistan for 22K was 124,978. Similarly, per 10 grams gold rate in Pakistan for 22K was 107,158.
