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Gold Rates

Today Gold Rates In Pakistan

History of Gold and Gold Rates

Gold a precious metal and Gold is used as a standard of currency in any country. To understand the value of Gold one can simply say that a country can issue as many currency notes for their country as many gold reservoirs they have in their central bank.

What is difference in 24 Caret and 22 Caret?

The 100% pure form of Gold is 24 Caret. Mostly Gold as a reservoir is kept in the form of 24 carets in the shape of big tiles. A few years ago it was almost impossible to make jewelry of Gold with 24 carets. But thanks to the latest machinery now which is used by many companies for offering Gold Jewelry in 24 carets. Most Gold is mixed with other metals to strengthen the shapes and reduced the level of Gold to 22 carets, 21 carets, 20 carets, and 18 carets.

Location 24k 10g 24k per Tola 22k 10g
Pakistan Rs. 105,500 Rs. 123,100 Rs. 96,708
Karachi Rs. 105,500 Rs. 123,100 Rs. 96,708
Lahore Rs. 105,500 Rs. 123,100 Rs. 96,708
Islamabad Rs. 105,500 Rs. 123,100 Rs. 96,708
Rawalpindi Rs. 105,500 Rs. 123,100 Rs. 96,708
Peshawar Rs. 105,500 Rs. 123,100 Rs. 96,708
Quetta Rs. 105,500 Rs. 123,100 Rs. 96,708

Gold Rates in UAE today gold rates in pakistan Today Gold Rates In Pakistan uaeGold Rates in UAE

Gold is a Soft & Precious Metal

Gold is a soft metal and in one Quebec feet contains 1200 pounds of Gold weight. Gold is one of those few metals which can be molded easily.

What is a symbol of Gold & Boiling point of Gold

The symbol of Gold is Au and the boiling point of Gold is 2,700 centigrade.

Why Gold is so Expensive?

People think there are three main reasons why gold is so expensive.

Beauty of Gold

The benefits of Gold in multiple things e.g. motherboards of computers, Gold is also used in the board making of Apple Mobile.
The Gold is Unique Metal in the World

What are measurements of Gold?

Gold is normally measured in grams, tola, Kg and Tons. Grams is a smaller unit for Gold measurement and Tola is a big unit of Gold measurement in daily life. For a country level transaction of Gold is also dealt in Tons. Following are the calculations for Gold measurements.
1 tola of gold = 11.6638 grams
1 Kg of Gold = 1000 grams
1 Tons of Gold = 907.185 Kilograms

Who decides value of Gold?

One most commonly asked question from the economists and treasury specialists is that “Why Gold is so expensive?” and “Who decides the value of Gold?” Well, the reality is there is no single organization which decides value of Gold, but as per demand and supply of Gold, the rate is decided. Also how many expenses are occurred on mining of Gold effects the value of Gold Prices in different countries.

Where are Biggest Reservoirs of Gold in World?

The biggest and infect more than 50% of Gold reservoirs are found in South Africa mines. The first time in 1866 the biggest reservoirs of Gold were found in South Africa. Now from the last many years, Gold mining is also started in the USA, China, Canada, and Pakistan.

Gold Rates in UAE

Dubai Gold Rate

One of the popular shopping of Visitors in Dubai is Gold. Because of many reasons such as the best Gold Rate in Dubai, Attractive Gold design in Dubai, the Best brands of Gold Design in Dubai and the most interesting thing is availability of Pure gold jewelry made by 24K.

Dubai Gold Rate Today

Just like international market gold rates are also keep on changing in Dubai and before purchase of gold you must know what is Dubai gold rate 22k today or rate for 18k in case you want to buy jewelry. Because mostly the jewelry is available in these two standards of gold. But if you want Buy Gold Coins in Dubai then you can check 24k gold rates in Dubai.

Following are the most up-to date Dubai Gold Rates now.

Gold 24K per Ounce AED 7,198.20 $1,959.92
Gold 24K per 10 Grams AED 2,314.24 $630.12
Gold 22K per 10 Grams AED 2,121.39 $577.61
Gold 24K per Tola AED 2,699.56 $735.03
Gold 22K per Tola AED 2,474.60 $673.78

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Comparison of India and Dubai gold rate difference

Because of gold rates differences in Indian market and Dubai market most of the Indian visitors buy gold from Dubai and sale in India to get the expenses of air tickets covered by this profit. But now Indian government has applied strict custom policies to apply custom duty on airport. The most Famous brand of Gold in Dubai are Malbar jeweler, sky jeweler, meena jeweler etc.

Dubai Gold Souk

When you want to buy gold in Dubai the first location comes to your mind is “Dubai Gold Souk” and you can easily approach dubai gold souk by metro. Go to your nearest metro station and then you have to go towards green line and the dubai gold souk nearest metro station is Al-Ras. Then exit metro station by swiping out your metro card and here you get dubai gold souk on walking distance.