The US dollar keeps the gold rates wax and wane. However, the gold seems a good hedge to the investors when other investment tools are at high risk. The gold rates can also measure the strength of any economy. It was in 643 B.C when the gold was first used as a currency. If we trace the value of gold in history, in the reign of the Roman Emperor, Augustus in 30 BC, the 45 gold coins were considered equal to one pound. However, the value of gold started rising gradually, and it reached $1,823 for one ounce gold in 2011.

Since the metal is used in multiple industries, its’ worth is increasing day by day. Earlier, the people used to make small investments in gold. But the gradually rising value has made them more conscious about more massive investments in this metal. So, for such investors, it becomes essential to check the fluctuating rates of gold regularly.

Updated Rates: Gold Rates in Pakistan 08 March 2019

Today, the price of gold in the international market remains constant at $1306.80. According to Karachi Saraf Association, the rate for 24K gold per 10 grams is Rs 58,504.34, and the rate for 24K gold per tola is Rs 68,167.04. In the same way, the price for 22K gold per 10 grams is Rs 53,628.98, and the rate of 22K gold per tola is Rs 62,486.45.

So, the rates of gold in the local and international market are the same. There is no surge or decline in the rates today. If we compare the gold rates today and yesterday, we can say there is no difference in them.

Silver Rates in Pakistan – 07 March 2019

Silver is highly admired as an alternative metal for gold. It is used in multiple ways, and different industries are using it due to its long-lasting qualities. It is a good conductor of electricity. Due to its lustrous quality, it is used in jewelry and silverware. It is soft and can be molded into thin leaves. Due to its good reflective quality, it is used in the mirror industry. The biocompatibility of the metal makes it perfect for the filling of teeth in the dentistry field. It is also used in preparing various medicines. Gradually, the industries are increasing the use of silver for multiple purposes. That’s why it has become a vital tool of investment for the people.

Today, the rate of silver per 10 grams is Rs 684.40, and the price of silver per tola is Rs 798.29. Yesterday the rate of silver per 10 grams was 685.00. So, comparing the rate of silver yesterday and today, we can say that the rate of silver has declined today by Rs 1.00.

Location Gold 24K 10 Grams Gold 24K Per Tola Gold 22K 10 Grams Gold 22K per Tola Silver 10 Grams
Pakistan Rs 58,504.34 Rs 68,167.04 Rs 53,628.98 Rs 62,486.45 Rs 684.40
Karachi Rs 58,504.34 Rs 68,167.04 Rs 53,628.98 Rs 62,486.45 Rs 684.40
Lahore Rs 58,504.34 Rs 68,167.04 Rs 53,628.98 Rs 62,486.45 Rs 684.40
Islamabad Rs 58,504.34 Rs 68,167.04 Rs 53,628.98 Rs 62,486.45 Rs 684.40
Rawalpindi Rs 58,504.34 Rs 68,167.04 Rs 53,628.98 Rs 62,486.45 Rs 684.40
Peshawar Rs 58,504.34 Rs 68,167.04 Rs 53,628.98 Rs 62,486.45 Rs 684.40
Quetta Rs 58,504.34 Rs 68,167.04 Rs 53,628.98 Rs 62,486.45 Rs 684.40
Sialkot Rs 58,504.34 Rs 68,167.04 Rs 53,628.98 Rs 62,486.45 Rs 684.40
SHARE
Shakila Nasreen
Exploring the technology and fetching unique info for all of you is not my hobby but passion. This passion drove me to news reporting field. It's my hobby to timely report latest news all over the Pakistan. Email: [email protected]

LEAVE A REPLY

Please enter your comment!
Please enter your name here