Today Gold Prices eased to around $1,750 an ounce on Friday but were still on track for another strong week as softer-than-expected US inflation data raised hopes for peak inflation and a slower pace of interest rates hikes from the Federal Reserve.
The annual inflation rate in the US eased for a fourth straight month to 7.7% in October, rising at the slowest pace since January and coming in below expectations for a milder drop to 8%.
Investors revised expectations for the terminal rate lower, while money markets are currently priced for a more moderate 50 basis point Fed rate hike in December after it delivered four consecutive 75 basis point increases.
Gold is up about 4% so far this week after Thursday’s rally brought the metal to its strongest levels in over two months.
Today 1 Tola gold prices in Pakistan today for 24 karats is 142,200. It remains same as yesterday’s 1 Tola gold price in Pakistan for 24 karat that was 142,200. Likewise, 10-gram gold price in Pakistan today for 24 karats is 121,900. It remains same as yesterday’s 10-gram gold price in Pakistan for 24 karat that was 121,900.
Here is the detailed table of gold rates in Pakistan today for 11th November 2022.
| Gold Rate | 24k Gold | 22k Gold |
|---|---|---|
| Per Tola Gold | Rs 142,200 | Rs 130,324 |
| Per 10 Gram Gold | Rs 121,900 | Rs 111,741 |
| Per Gram Gold | Rs 12,190 | Rs 11,174 |
Today, 1 Tola gold price in Pakistan today for 22 karats is 130,324. It remains same as yesterday’s 1 Tola gold price in Pakistan for 22 karat that was 130,324. Likewise, 10-gram gold price in Pakistan today for 22 karats is 111,741. It remains same as yesterday’s 10-gram gold price in Pakistan for 22 karat that was 111,741.
