Gold Rate In Pakistan 2022
In 2022, the price of gold per tola increased by Rs 57,900, which increased from Rs 126,000 to the highest level of Rs 184,100. In the year 2022, gold rose to Rs 183,900. Gold, considered a strong hedge against inflation, hit multi-decade highs during the year 2022.
2022 میں فی تولہ سونے کی قیمت میں 57,900 روپے کا اضافہ ہوا جو 126,000 روپے سے بڑھ کر 184,100 روپے کی بلند ترین سطح پر پہنچ گیا۔ سال 2022 میں سونا بڑھ کر 183,900 روپے ہو گیا۔ سونا، جو افراط زر کے خلاف ایک مضبوط ہیج سمجھا جاتا ہے، سال 2022 کے دوران کئی دہائیوں کی بلندیوں کو چھو گیا۔
In this article, you will learn about the changes in gold rates during the year 2022.
اس آرٹیکل میں، آپ سال 2022 کے دوران سونے کی شرح میں ہونے والی تبدیلیوں کے بارے میں جانیں گے۔
The Gold Rate in Pakistan on 1st January 2022
The Gold Rate in Pakistan on 1st January 2022 per tola for 24k is 125,600, and the 10-gram gold rate for 24k is 108010. 1 tola gold price in Pakistan for 24k is 125990
The Gold Rate in Pakistan on 31st January 2022 per tola for 24k is 108870 and per the 10-gram gold rate for 24k is 126000. 1 Tola gold price in Pakistan for 24 karats is 126000. It has fallen compared to yesterday’s 1 Tola gold price in Pakistan for 24 karat which was 126000 Likewise, the 10-gram gold price in Pakistan for 24 karats is 108010. It has fallen compared to yesterday’s 10-gram gold price in Pakistan for 24 karat which was 108010.
Fluctuations in the international market cause fluctuations in these gold prices.
The global economy plays an important role in determining gold prices. Economic uncertainty, geopolitical tensions, and fluctuations in major currencies cause gold prices to fluctuate.
Here are the factors that affect gold prices:
Supply and Demand
Gold, like any other commodity, is subject to the laws of supply and demand. The price of gold is influenced by various factors on the supply side, such as the amount of gold being mined, the exploration and discovery of new gold reserves, and the recycling of old gold. The demand for gold comes from various sources, including purchasing jewelry, central bank purchases, and investing in gold bars and coins. These factors can all affect the value of gold in the market.
The Value of the US Dollar
Many investors consider gold to be a haven asset. The price of gold often moves in the opposite direction to the US dollar. Gold becomes more attractive to investors when the dollar weakens, increasing its value. Conversely, a strong dollar can cause gold prices to fall, making the precious metal less attractive.
Inflation
Yes, inflation can have a significant impact on the price of gold. As inflation increases, the value of currencies tends to decrease, making gold a more attractive option for investors looking to protect their wealth. As a result, the demand for gold increases, causing its price to rise. Gold has historically been viewed as a store of value that can hold its worth over time, which makes it an excellent hedge against inflation.
| 2022 January | Start of Month | End of Month |
| Karachi | 125,600 | 108870 |
| Lahore | 107930 | 126000 |
| Islamabad | 125800 | 126000 |
Conclusion
In this article, we have told what changes have happened in the price of gold from January 1, 2022, to January 31, 2022, and the reasons for them.
The Gold rate in Pakistan on 1 Feb 2022
The Gold rate in Pakistan on 1 Feb 2022 is Rs. 127990 per tola and Rs.108860 per 10 gm.
The gold Rate in Pakistan updated on 01 Feb 2022 for 24K is Rs. 127990 per tola, 22K Gold rate is Rs. 115,410 per tola, and 21K rate per 10 gram is Rs. 99,800 These gold rates are as per Sarafa Jewelers Association and International Gold Market.
The price of a single tola of 24-karat gold in Pakistan is Rs 127990 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs 99800. 10 grams of 22k gold were being traded for Rs115,410 while a single tola of 22-karat gold was being sold at Rs 115410. The gold rate in Pakistan fluctuates according to the international market so the price is never been fixed.
| 2022 Feb | Start of Month | End of Month |
| Karachi | 127990 | 125,600 |
| Lahore | 127990 | 125,600 |
| Islamabad | 127990 | 125,600 |
Here are the factors that affect gold prices:
Interest rates
Interest rates are an important factor in borrowing and lending money. Lenders charge borrowers interest rates for loans, affecting overall borrowing costs. If interest rates are high, investors may choose to invest in interest-bearing accounts, which may reduce the demand for gold and drive down its price. On the other hand, low interest rates may make gold an attractive alternative investment, which can increase the demand for it and drive up its price. It’s important to keep these factors in mind when considering investing in gold.
Geopolitical Instability:
Geopolitical instability, such as wars or economic crises, can also drive up the price of gold. This is because investors see gold as a haven asset that will hold its value even when other assets are losing value.
The Value of the US Dollar
Many investors consider gold to be a haven asset. The price of gold often moves in the opposite direction to the US dollar. When the dollar weakens, gold becomes more attractive to investors, increasing its value. Conversely, a strong dollar can cause gold prices to fall because it makes the precious metal less attractive.
Conclusion
In this article, we have told what changes have happened in the price of gold from February 1, 2022, to February 28, 2022, and the reasons for them.
Gold Rate in March 2022
Today on March 1, 2022, gold price is Rs.125890 per tola and Rs.107,890 per 10 grams.
On March 1st, 2022, the gold rate in Pakistan was Rs.125890 per tola, the 22-carat gold rate was Rs.98700 per 10 grams, and the 21-carat gold rate was Rs.109980 per tola. these prices are According to the Sarafa Jewelers Association and International Gold Market.
The gold rate in Pakistan per tola of 24-karat is being traded at Rs 125600 here on Thursday, March 30, 2022.The gold price for 22-karat was recorded at Rs 115224 per tola as per the bullion market.
| 2022March | Start of Month | End of Month |
| Karachi | 107760 | 128 490 |
| Lahore | 125,890 | 128,490 |
| Islamabad | 107760 | 128,490 |
Here are the factors that affect gold prices:
Global Economic Conditions
The state of the global economy, inflation rates, interest rates, and geopolitical tensions have a significant impact on gold prices. For example, economic instability may increase the demand for gold as a hedge against a financial crisis. Therefore, it is safe to say that global economic conditions play a major role in determining gold prices.
Currency Exchange
Gold prices are indeed affected by changes in currency exchange rates. A weaker domestic currency can increase the price of gold, which can make it more costly for consumers to buy. This is because gold is often denominated in US dollars, so when the local currency depreciates against the dollar, the price of gold tends to rise. Conversely, when the local currency strengthens against the dollar, the price of gold may decrease.
Conclusion
In this article, we have told what changes have happened in the price of gold from January 1, 2022, to January 31, 2022, and the reasons for them.
Gold rate in April 2022
The gold Rate in Pakistan today on 1 April 2022 is 110930 per 10 grams, and the price of Gold is Rs. 129300 per tola in Pakistan. Gold Rate in Pakistan today on 1 April 2022 is being sold for Rs. 110930 per 10 grams.
It is important to remember that gold prices fluctuate throughout the day based on the international market. The prices you see above are what the bullion market quoted on that particular date.
The gold rate in the country for a single tola of 24-karat is being traded at Rs 114450 here on April 30, 2022. Similarly, the gold price for 22-karat was recorded at Rs 133,490 per tola as per the bullion market.
It is important to remember that gold prices fluctuate throughout the day based on the international market. The prices you see above are what the bullion market quoted on that particular date.
| 2022 April | Start of Month | End of Month |
| Karachi | 110 930 | 114450 |
| Lahore | 129300 | 133490 |
| Islamabad | 129300 | 133,490 |
Factors Influencing Gold Prices
Economic Conditions
Economic conditions indeed have a big impact on the price of gold. When the global economy is unstable, investors tend to turn to gold as a safe-haven asset, which can drive up its price. This is especially true during recessions or times of currency devaluations.
Investor Sentiment
Investor sentiment plays a crucial role in determining short-term movements in gold prices. When investors are optimistic about the economy, they tend to invest in riskier assets such as stocks, leading to a decrease in demand for gold and a decrease in its price. Conversely, when there is fear or uncertainty in the market, investors often flock to the safety of gold, which can drive up demand and lead to a price increase. Additionally, market speculation and rumors can also impact investor sentiment, potentially causing sudden shifts in gold prices.
Conclusion
The fluctuations observed in gold prices during April 2022 underscore the complex interplay of various factors influencing the precious metal’s value. While economic conditions, geopolitical tensions, and central bank policies are among the primary drivers, investor sentiment and supply-demand dynamics also play significant roles.
In conclusion, understanding the nuances of the gold market requires a multifaceted approach, taking into account both macroeconomic trends and market sentiment. By staying informed and analyzing the underlying factors at play, investors can better navigate the ever-changing landscape of gold prices.
FAQs
What causes gold prices to fluctuate?
– Gold prices can fluctuate due to various factors, including economic conditions, geopolitical tensions, and changes in investor sentiment.
Is gold a good investment during periods of economic uncertainty?
– Gold is often considered a safe-haven asset and may perform well during times of economic instability or uncertainty.
How do central bank policies impact gold prices?
– Central bank policies, such as interest rate adjustments and monetary stimulus measures, can influence broader economic conditions, which, in turn, may affect gold prices.
Gold rate in May 2022
The current gold rate in Pakistan on May 1, 2022, is Rs 133490 per tola. The current gold rate in Pakistan is Rs 114,450 per 10 grams.
It is difficult to estimate the exact price of gold as it changes daily but some factors affect its price.
پاکستان میں اج یکم مئی 2022 کو سونے کا ریٹ 133490 روپے فی تولہ ہے پاکستان میں اج سونے کا ریٹ 114,450 روپے فی 10 گرام ہے
As of May 2022, the Gold price of 24 carats in Pakistan was Rs 133490.
30 مئی 2022 کو پاکستان میں 24 کیرٹ سونے کی قیمت 133490 روپے رہی ہے
Similarly, 10 grams of 18K gold was selling at Rs 100,120 while one tola of 18-carat gold was selling at Rs 100110.
Note: The price of gold in Pakistan fluctuates according to the international market, so the price is never fixed.
| 2022 May | Start of Month | End of Month |
| Karachi | 114450 | 114450 |
| Lahore | 114450 | 133490 |
| Islamabad | 114450 | 133490 |
Factors Influencing Gold Prices
Supply and Demand
The law of supply and demand is a fundamental economic principle. When the demand for gold increases, the price of gold is likely to increase. On the other hand, if demand is low, the price of gold may fall.
Economic Conditions
Gold has always been considered a strong asset. If a country faces major geopolitical events, wars, or financial crises, gold prices can fluctuate.
Gold rate in June 2022
On June 1, 2022, the Gold price of 24-carat gold in Pakistan was Rs 133490. Similarly, according to the bullion market, the price of 21-carat gold per tola has been recorded at Rs 118550
یکم جون 2022 کو پاکستان میں 24 قیراط سونے کی قیمت 133490 روپے تھی۔ اسی طرح بلین مارکیٹ کے مطابق 21 قیراط سونے کی فی تولہ قیمت 118550 روپے ریکارڈ کی گئی ہے۔
It is worth mentioning that the price of gold in Pakistan keeps changing according to the international market, so the price of gold never stays the same.
On June 30, 2022, the Gold price of 24-carat gold in Pakistan was Rs 141900. Similarly, according to the bullion market, the price of 22-carat gold per tola has been recorded at Rs 121650.
30 جون 2022 کو پاکستان میں 24 قیراط سونے کی قیمت 141900 روپے تھی۔ اسی طرح بلین مارکیٹ کے مطابق 22 قیراط سونے کی فی تولہ قیمت 121650. روپے ریکارڈ کی گئی ہے۔
It is worth mentioning that the price of gold in Pakistan keeps changing according to the international market, so the price of gold never stays the same.
| 2022 June | Start of Month | End of Month |
| Karachi | 133490 | 118550 |
| Lahore | 133490 | 118550 |
| Islamabad | 133490 | 118550 |
Factors Influencing Gold Prices
Interest rates
Interest rates are also one of the major reasons for rising gold prices. There is an inverse relationship between gold prices and interest rates. When interest rates rise, investors simply turn to other assets such as bonds and gold prices fall are going.
US dollar
A major reason for the fluctuation in gold prices is the fluctuation in the US dollar. Gold is priced in US dollars, so the strength of the dollar can affect gold. If the value of the dollar falls, gold becomes more attractive to buyers in the international market, leading to an increase in gold prices.
Gold rate in July 2022
The gold rate in Pakistan per tola 01 July 2022 is 162000 for 24k gold, and the gold rate in Pakistan for 10 grams is 138880. The gold rate in Pakistan is 18k per tola is 121490 and for 10 grams 18k gold rate in Pakistan is 104160.
ایک جولائی 2022 کو پاکستان میں سونے کی قیمت فی تولہ 162000 روپے رہی ہے اور پاکستان میں ١٠ گرام سونے کی قیمت 138880 روپے تھی . پاکستان میں 18 کیرٹ سونے کی قیمت 104160 روپے ریکارڈ دی گئی ہے
It is difficult to estimate the exact price of gold as it changes daily but some factors affect its price.
The gold rate in Pakistan in 2022 is determined by the Karachi Sarafa Bazar Association following the fluctuations in international gold prices.
On July 30, 2022, the price of 24-carat gold per tola in Pakistan was Rs 162000. Similarly, according to the bullion market, the price of 18-carat gold per 10 grams has been recorded at Rs 104160.
30 جولائی 2023 کو پاکستان میں 24 کیرٹ فی تولہ سونے کی قیمت 162000 روپے رہی ہے اسی طرح بلین مارکیٹ کے مطابق 18 کیرٹ فی 10 گرام سونے کی قیمت 104160 روپے ریکارڈ کی گئی ہے.
| 2022 July | Start of Month | End of Month |
| Karachi | 162000 | 104160 |
| Lahore | 162000 | 104160 |
| Islamabad | 162000 | 104160 |
Here are some factors influencing gold rates:
Global Treasure Hunt
Gold is considered a global treasure. The easy availability of gold leads to an increase in its value. If the start-up banks decide to maintain their reserves, the price of gold is likely to rise.
The Dollar Dilemma:
Gold is priced in US dollars. If the dollar weakens, it becomes cheaper for international buyers to acquire gold, increasing demand and potentially raising prices.
Gold rate in August 2022
On August 01, 2022, the gold rate for one tola of 24-karat in Karachi, Pakistan, was Rs 144,400.
It’s important to note that gold prices in Pakistan are subject to frequent fluctuations based on international market conditions; therefore, they are not fixed.
اگست 2023 کو پاکستان میں 24 قیراط کے ایک تولہ سونے کی قیمت 144,440 روپے تھی۔
یہ نوٹ کرنا ضروری ہے کہ پاکستان میں سونے کی قیمتیں بین الاقوامی منڈی کے حالات کی بنیاد پر متواتر اتار چڑھاؤ سے مشروط ہوتی ہیں۔ لہذا، وہ مقرر نہیں ہیں.
The gold rate in Pakistan for 1tola of 24-karat is being traded at PKR 124310 here on August 30, 2023. Similarly, the gold price for 24-karat was recorded at Rs 144440 per 10g as per the bullion market.
پاکستان میں 30 اگست 2023 کو 1 تولہ 24 قیراط سونے کی قیمت 124310 روپے میں فروخت ہو رہی ہے۔ اسی طرح بلین مارکیٹ کے مطابق 24 قیراط کے سونے کی قیمت144,440 روپے فی 10 گرام ریکارڈ کی گئی۔
| 2023 August | Start of Month | End of Month |
| Karachi | 144,400 | 124310 |
| Lahore | 144,400 | 124310 |
| Islamabad | 144,400 | 124310 |
Factors Influencing Gold Prices
Love Affair with Gold:
Culturally, gold holds immense value in some parts of the world. During festivals and weddings, demand for gold jewelry can spike, influencing overall prices.
Industrial Appetites:
Beyond its shiny appeal, gold has industrial uses in electronics and aerospace. If these industries experience a surge in demand, it can affect the gold price.
Remember, these factors often work together to influence gold rates. It’s a complex dance, but understanding these influences can give you a better sense of what might move the gold market.
Gold rate in September 2022
The gold rate in Pakistan today per tola 01 September 2022 is 147600 for 24k gold, and the gold rate in Pakistan today for 10 grams is 126600
In Pakistan, today’s gold price in 2022 is determined by the Karachi Sarafa Bazar Association following the fluctuations in international gold prices.
The gold rate in Pakistan for 1tola of 24-karat is being traded at PKR 142440 here on Saturday, September 30, 2022. Similarly, the gold price for 24-karat was recorded at Rs 122120 per 10g as per the bullion market.
The gold rate in Pakistan today’s gold price in 2022 is determined by the Karachi Sarafa Bazar Association following the fluctuations in international gold prices.
The price for 10 grams of 24-karat gold stands at Rs122120, presenting an attractive opportunity.
Similarly, 10 grams of 21-karat gold can be acquired for Rs 106860, according to the latest data from the bullion market.
| 2023 September | Start of Month | End of Month |
| Karachi | 126000 | 122120 |
| Lahore | 126000 | 122120 |
| Islamabad | 126000 | 122120 |
Factors Influencing Gold Prices
Several factors influenced gold prices throughout September 2022:
Interest Rate Decisions:
The Federal Reserve’s decisions on interest rates significantly impact gold prices. In September, the market anticipated these decisions and how they might affect the attractiveness of gold compared to interest-bearing assets. An anticipated rate hike could have put downward pressure on gold prices.
Supply and Demand Dynamics:
Changes in gold mine production or central bank activity (buying or selling gold reserves) could have influenced supply. Fluctuations in demand from jewelry industries or other sectors could have also impacted prices.
Gold rate in Oct 2022
The Gold rate in Pakistan on 1st Oct 2022 is Rs. 137490 per tola and Rs.117,700 per 10 gm. 1st Oct 2022 Gold Rate in Pakistan is Rs. 137,490 24K per tola, 22K Gold rate is 107,970 per 10 gram, 21K Gold rate is 179,947 per tola and 18k gold rate is 132,202 per 10 gram. The Gold rate in Pakistan on 30th Oct 2022 the price of 24-karat gold per tola reached Rs 136,490. This change in gold prices can be attributed to a significant shift in the value of the US dollar, highlighting the relationship between currency values and the price of gold, according to reports mainly from Karachi and Multan.
| 2023 Oct | Start of Month | End of Month |
| Karachi | 137490 | 136,490 |
| Lahore | 137,490 | 136,490 |
| Islamabad | 137,490 | 136,490 |
Factors Influencing Gold Prices
Supply and Demand
The law of supply and demand is a fundamental economic principle. When the demand for gold increases, the price of gold is likely to increase. On the other hand, if demand is low, the price of gold may fall.
Economic Conditions
Gold has always been considered a strong asset. If a country faces major geopolitical events, wars, or financial crises, gold prices can fluctuate.
Gold rate in Nov 2022
The Gold rate in Pakistan in Nov 2022 is Rs. 145,490 per tola and Rs. 12,4790 per 10 gm. The gold rate in Pakistan today is RS 145,490 for 24 karat per tola, and 21-carat gold prices in Pakistan are selling at RS 109,110 per 10 grams on 01 Nov 2022. It is difficult to estimate the exact price of gold as it changes daily but some factors affect its price.
The gold rate of 24-karat is being traded at PKR161,000 on Thursday, November 30, 2022. Similarly, the gold price for 24-karat was recorded at Rs 145,500 per 10g as per the bullion market.
Even in smaller quantities, the appeal of these prices persisted, with 10 grams of 24-karat gold at Rs189,472 and 22-karat gold at Rs173,683.
| 2023 Nov | Start of Month | End of Month |
| Karachi | 160,000 | 218,600 |
| Lahore | 160,000 | 218,600 |
| Islamabad | 160,000 | 218,600 |
Factors Influencing Gold Prices
These fluctuations are closely connected to changes in the US dollar value, showing how currency values and gold prices are connected. On a global scale, the price of gold has experienced a decline, currently standing at $2,062 per ounce.
It’s important to note that gold prices in Pakistan can undergo notable variations throughout the day, influenced by trends in the global market. The provided rates are sourced from reputable outlets primarily located in Karachi and Multan.
For the latest and most accurate gold rates, it is recommended to consult local gold merchants and jewelers.
Gold Price in Pakistan: 1st December 2022
The Gold rate in Pakistan on 1st Dec 2022 is Rs.184,180 per tola and Rs. 197,900 per 10 gm.
The gold rate in Pakistan is PKR 184,180 per tola for 24-karat gold, and the 22-karat gold price is PKR 197,900 per 10 grams on 01 Dec 2022. The current prices for both 24K and 22K gold are based on information from the Sarafa Jewelers Association and the International Gold Market.
The gold rate in Pakistan today per tola 31 December 2022 is 157,400 for 24k gold, and the gold rate in Pakistan today for 10 grams is 183,590
In Pakistan today per tola 31 December 2022 is 157,400 for 24k gold, and the gold rate in Pakistan today for 10 grams is 183,590.
Gold rate in Pakistan today is 22k per tola is 168,290 and for 10 grams 22k today gold rate in Pakistan is 144,280
| 2022 December | Start of Month | End of Month |
| Karachi | 197,200 | 157,400 |
| Lahore | 197,200 | 157,400 |
| Islamabad | 197,200 | 157,400 |
According to the World Gold Market Commentary for December 2022 here are some key factors that influenced gold prices in December of last year:
Supply and Demand
The law of supply and demand is a fundamental economic principle. When the demand for gold increases, the price of gold is likely to increase. On the other hand, if demand is low, the price of gold may fall.
Economic Conditions
Gold has always been considered a strong asset. If a country faces major geopolitical events, wars, or financial crises, gold prices can fluctuate.
In this table, you can see what the prices of gold have been throughout the 2023 year. These prices are according to the Karachi International Gold Market.
| 2022 | Start of Month | End of Month |
| January | 125,600 | 108870 |
| February | 127990 | 125,600 |
| March | 110 930 | 114450 |
| April | 110 930 | 114450 |
| May | 114450 | 114450 |
| June | 133490 | 118550 |
| July | 162000 | 104160 |
| August | 144,400 | 124310 |
| September | 126000 | 122,120 |
| October | 137490 | 136,490 |
| November | 160,000 | 218,600 |
| December | 197,200 | 157,400 |
Here you can see the price of gold in different cities and the reasons for the change in the gold price.
Gold Rate in Lahore
Today’s Gold rate in Lahore is PKR. 192,050 per 10 grams, and PKR. 224,000 per tola. According to the Lahore Sarafa market gold rate, and International Market gold rate.
Gold Rate in Islamabad
Today’s Gold rate in Islamabad is PKR. 192,050 per 10 grams, and PKR. 224,000 per tola. According to the Islamabad Sarafa market gold rate, and International Market gold rate.
Gold Rate in Karachi
Today’s Gold rate in Karachi is PKR. 225,250 per 10 grams, and PKR. 225, 250 per tola. According to the Karachi Sarafa market gold rate, and International Market gold rate
Conclusion:
The fluctuation in gold prices throughout 2023 underscores the influence of various factors such as economic conditions, geopolitical tensions, interest rates, and investor sentiment. Understanding these dynamics is crucial for both investors and consumers to navigate the volatile gold market effectively.
Q1. What causes gold prices to fluctuate?
A1. Gold prices can fluctuate due to various factors, including economic conditions, geopolitical tensions, and changes in investor sentiment.
Q2. Is gold a good investment during periods of economic uncertainty?
A2. Yes, gold is often considered a safe-haven asset and may perform well during times of economic instability or uncertainty.
Q3. How do central bank policies impact gold prices?
A3. Central bank policies, such as interest rate adjustments and monetary stimulus measures, can influence broader economic conditions, which, in turn, may affect gold prices.
Q4. What are some factors influencing gold prices?
A4. Factors influencing gold prices include economic conditions, geopolitical instability, interest rates, investor sentiment, and supply-demand dynamics.
Q5. How are gold prices determined in Pakistan?
A5. Gold prices in Pakistan are determined based on international market fluctuations, supply-demand dynamics, and local market conditions, as observed by associations like the Karachi Sarafa Bazar Association