Gold is one of the most valuable metals in the world and is used in a variety of applications ranging from jewelry to
electronics. In Pakistan, gold has a significant cultural and economic importance. Many people in Pakistan invest in gold as a form of
savings or as a means of securing their financial future. In this article, we will
discuss the current gold rate in Pakistan as of March 4th, 2023.
Overview of Gold in Pakistan Gold has a long history in Pakistan, dating back to the ancient Indus Valley civilization. Gold was
used as currency during the Mughal era and has continued to hold a special place in Pakistani culture ever since.
In modern times, gold is primarily used for jewelry and investment purposes. The demand for gold in Pakistan has steadily
increased over the years, with the metal being imported from various countries such
as the United Arab Emirates, Saudi Arabia, and Switzerland.
Factors Affecting the Gold Rate in Pakistan The gold rate in Pakistan is influenced by a number of factors, including international
market trends, exchange rates, and local demand. Here are some of the main factors affecting the current gold rate in Pakistan:
International Gold Prices: The price of gold in Pakistan is heavily influenced by international market trends.
Gold is traded globally, and changes in the global market can have a significant impact on the price of gold in Pakistan.
If the global gold prices rise, the price of gold in Pakistan will also increase.
Exchange Rates: Another important factor that affects the gold rate in Pakistan is the exchange rate. The Pakistani rupee is pegged
to the US dollar, so any fluctuations in the value of the dollar can have a direct impact on the price of gold in Pakistan.
Local Demand: The demand for gold in Pakistan also plays a significant role in
determining the gold rate. If the local demand for gold increases, the price of gold will also go up.
Gold Rate in Pakistan Today – 4 March 2023 As of March 4th, 2023, the gold rate in Pakistan is PKR 118,655.62 per tola.
This is a slight increase from the previous day’s rate, which was PKR 118,390.47 per tola.
Here is a breakdown of the gold rate in Pakistan for different quantities:
24K per tola: PKR 118,655.62
22K per tola: PKR 108,796.28
21K per tola: PKR 103,866.60
18K per tola: PKR 89,016.46
Gold Rates in Different Cities of Pakistan The gold rate in Pakistan can vary depending
on the city. Here are the gold rates for some of the major cities in Pakistan:
Karachi: PKR 118,655.62 per tola
Lahore: PKR 118,989.19 per tola
Islamabad: PKR 118,727.62 per tola
Rawalpindi: PKR 118,727.62 per tola
Peshawar: PKR 118,727.62 per tola
Gold Price History in Pakistan The price of gold in Pakistan has fluctuated over the years. In recent times,
the price of gold has increased steadily due to various factors such as the weakening of the Pakistani rupee and increasing global
demand for the metal. Here is a brief history of the gold price in Pakistan over the past few years:
In 2018, the price of gold in Pakistan was around PKR 54,000 per tola.
In 2019, the price of gold in Pakistan increased to around PKR 68,000 per tola