Gold being sold at Rs109,200 per tola in Pakistan on Dec 1

Business

KARACHI: A single tola of 24-karat gold in Pakistan was sold at Rs109,200 on Tuesday at the closing of the bullion market after the precious metal’s price increased by Rs350 during the intra-day trading.

According to the local market, the gold rate in Pakistan as of December 1, 2020, is Rs. 109,200. The price per tola for 24K gold that is being sold in local markets around the nation is this.

In Pakistan, the gold rate is mostly constant across the nation, with a few minor exceptions in some cities. The Karachi Saraf Jewelers Association is where the rates for this precious metal are obtained.

The breakdown of the gold price in Pakistan on December 1, 2020, is given in the table below:

The primary center of the gold market is Karachi. In Pakistan, Karachi sets the gold price, and all other cities follow the Karachi Sarafa Bazar Association.

As of right now, the gold rates in Karachi, Lahore, Islamabad, Peshawar, and Quetta are all the same.

Major cities with only a few hundred rupees’ variation in gold prices are Karachi, Lahore, Islamabad, Peshawar, Faisalabad, Hyderabad, Rawalpindi, Quetta, and Multan. If you would want more precise rates, please contact your local dealers.

The most recent gold prices are updated on the Daily Times news website, cHeck. The London Bullion Market and occasionally the IMF accumulate the standards of gold rates because they are the only group with authority.