GOLD Price Today in Pakistan (Tuesday 12 Feb 2025) is Rs. PKR 299,600 for 24K 1Tola.
| Date | Gold 24K Tola | Gold 22K 10 Gram |
|---|---|---|
| Feb 12, 25 | PKR 299,600 | Rs. 235,454 |
| Feb 11, 25 | Rs. 2,99,600 | Rs. 235,455 |
| Feb 10, 25 | Rs. 2,99,600 | Rs. 235,455 |
| Feb 09, 25 | Rs. 2,99,600 | Rs. 235,454 |
| Feb 08, 25 | Rs. 2,99,600 | Rs. 235,454 |
| Feb 07, 25 | Rs. 2,99,600 | Rs. 235,454 |
| Feb 06, 25 | Rs. 2,94,000 | Rs. 235,454 |
| Feb 05, 25 | Rs. 2,94,000 | Rs. 231,053 |
| Feb 04, 25 | Rs. 2,93,900 | Rs. 231,053 |
| Feb 03, 25 | Rs. 2,90,300 | Rs. 230,974 |
How many grams are there in one Tola Gold?
In Pakistan, one tola is equal to 11.667 grams of gold.
How many Tolas are equal to one ounce of Gold?
One ounce is equal to 2.43 Tolas of Gold in Pakistan.
How many grams is equal to one ounce of gold?
1 ounce of Gold is equivalent to 28.35081 grams
What Causes Price Fluctuations in Gold Prices?
In addition to having investment value, gold is also known for its utility in jewelry making. Many factors can come into play in setting gold prices globally.
The main possible drivers for live gold prices are:
Interest rates
Monetary policy
Geopolitics
Risk aversion/appetite
Currency markets
Inflation or Deflation
Investment demand
Jewelry demand
Equity markets
Gold is usually traded in dollars, therefore any variation in dollar value would have a profound impact on the live gold price. A comparatively strong dollar can make gold an expensive investment to foreign investors, thus pulling the price down.
Whereas if the dollar weakens comparatively, gold becomes a cheaper investment for foreign investors, thus pushing the gold prices higher. Any change in the U.S. Dollar index plays a major role in driving live gold prices daily.
Another possible influence might be the rise or fall in jewelry demand for gold. For example, India has a very big market for gold jewelry. Strong demand for that particular jewelry could perhaps send gold prices higher. Weak demand for the jewelry might result in lower gold prices.
Another main area affecting gold prices is interest rates. The higher the interest rate, the higher the opportunity cost to hold gold, which is not a yield-generating asset. Conversely, low interest rates are favorable to gold, reducing its opportunity cost and thus drawing more investors.