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Latest Gold Rate For Dec 15, 2020 In Pakistan

Published on: December 16, 2020 7:50 AM

Today Gold rates in Pakistan, 15 Dec 2020 are being sold for Rs 94,300 per 10 grams, and the price of Gold is Rs 110,100  per Tola in Pakistan today.

Read more: 16 December, 2020 gold rates in Pakistan.

Below is the table providing the latest gold rates for the cities of Karachi, Lahore, Rawalpindi, Peshawar, Quetta, Faisalabad, Multan, Gujranwala, Sialkot and Islamabad. Today’s latest gold prices in Pakistan for 22 carats, 24 carats, 21 carats and 18 carats are available on the table.

Gold Rate In Pakistan For 15 December 2020

Gold Rate 24K Gold 22K Gold 21K Gold 18K Gold
per Tola Gold Rs. 110100 Rs. 100852 Rs. 96000 Rs. 82575
per 10 Gram Rs. 94300 Rs. 86352 Rs. 82538 Rs. 70675
per Gram Gold Rs. 9430 Rs. 8635 Rs. 8254 Rs. 7068

Key Factors that Drive the Gold Price

Overall global demand for gold derives, gold rates in Pakistan. The jewelry-making industry uses gold on a very large-scale. In Asian communities, gold is considered as wealth and does transfer from one generation to the second generation. The gold prices are increased if the global demand is increased. When interest rates are low; the gold rates go high because of the low opportunity cost involved with precious metals like gold. At the time of high inflation rates, creditors start losing money so they are more inclined to buy or hold more gold. The fluctuation in the USD also drives the gold price and is directly linked if USD goes up, the gold price also see hikes.

Filed Under: Business Tagged With: Business, gold, Pakistan, Rates

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