Latest Gold Rate For 26 Nov, 2020 In Pakistan

Significant Decrease in Gold Prices in Pakistan

Today Gold rates in Pakistan, 26 Nov 2020 are being sold for Rs 92,600 per 10 grams, and the price of Gold is Rs 108,000 per Tola in Pakistan today.

Below is the table providing the latest gold rates 25 Nov 2020 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.

Latest Gold Rate In Pakistan For 26 Nov 2020

Gold Rate 24K Gold 22K Gold 21K Gold 18K Gold
per Tola Gold Rs. 108800 Rs. 98999 Rs. 94500 Rs. 81000
per 10 Gram Rs. 92600 Rs. 84883 Rs. 81025 Rs. 69450
per Gram Gold Rs. 9260 Rs. 8488 Rs. 8103 Rs. 6945

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.