Gold rate reached Highest Ever level in Pakistan

Gold price in the international market has jumped above $1000/Ounce mark. International gold price has reached its highest ever rate/level in the history and with that, the gold prices in Pakistan and other countries are skyrocketed too.

In Pakistan, rate of 10 grams of gold was sold at the price of Rs. 26,688.91 on 8 Sep [Price can vary depending on different cities in Pakistan].

As I am writing this post, the gold price in the international market has dropped a bit [around $993/Ounce]. This will have a direct influence on the gold prices in Pakistan. So you can expect to see decreased gold rates in Pakistan today/tomorrow.

If you are thinking about investing your money in Gold in Pakistan, then my personal opinion will be to wait for some time as the gold prices are too high at the moment and at such times, the benefit goes to the people who sell gold and they make some good money/profits via selling their gold at such time.

  1. Currency Rate: State Bank of Pakistan: 5 May 10
  2. State Bank’s Currency rates from 3 to 14 Nov, 09
  3. US Dollar [in Inter-Bank] at a New Highest Ever Rate in Pakistan
  4. Gold Price above $1000 in USA gold market: 7 Sep 09
  5. Gold Price Skyrocketed to Rs. 26,356.90 in Pakistan: 05 Sep 09

One Response to Gold rate reached Highest Ever level in Pakistan

  1. Ibrahim Jamshed

    Sir,

    I want daily up date about the price of gold

    Thanks.
    Regard,

    Ibrahim Jamshed

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