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Gold Rate in Pakistan Today – 8 July 2024

The price of gold in Pakistan has experienced notable changes as of today. Currently, 24 karat gold is priced at PKR 244,700 per tola, while 22 karat gold is being sold at PKR 192,309 per 10 grams. Below is a breakdown of the gold rates in Pakistan

Gold Rate in Pakistan Today – 8 July 2024

Gold Rate in Pakistan Today

Gold Rate24K Gold22K Gold
per Tola GoldPKR 244,700Rs. 224,367
per 10 GramRs. 209,791Rs 192,309
per Gram GoldRs 20,979Rs. 19,230
It is important to note that the price of gold in Pakistan fluctuates several times a day based on the international market. Therefore, these rates are subject to change and should be used as a general guideline.

Understanding the Differences Between 24k, 22k, and 18k Gold:

When choosing gold jewelry, understanding the differences between 24k, 22k, and 18k is crucial. It all comes down to purity and practicality:

Purity: The karat (k) signifies the proportion of pure gold in the alloy. 24k gold is the purest form, containing 99.9% gold and no other metals. This translates to a vibrant yellow color and a softer texture, making it unsuitable for daily wear jewelry as it can scratch or bend easily. 22k and 18k gold contain lower percentages of gold (91.7% and 75%, respectively) mixed with other metals like copper or silver. While slightly less valuable, these blends offer increased durability and scratch resistance, making them the preferred choice for everyday jewelry.

Practicality: The choice between 24k, 22k, and 18k gold depends on the intended use. If you prioritize absolute purity and color vibrancy, 24k gold might be suitable for non-wearable items like collector coins. However, for everyday jewelry that requires strength and durability, 22k or 18k gold are more realistic options, offering a good balance between value, beauty, and practicality.
The gold rate in Pakistan is also constantly changing. It’s vital to stay updated on the current daily rates for accurate gold rate conversions. Reputable sources like INCPak provide reliable, daily updated information on gold rates.

Farhan Abro

Hello! My name is Farhan Abro, and I'm based here in Islamabad. My journey in Pakistan's digital media really kicked off when I founded INCPak back in 2012. We built it from the ground up, driven by an entrepreneurial spirit, to be a trusted voice for independent journalism. But while media is a big part of who I am, I'm also shaped by a fascinating mix of other passions. I'm deeply into automotive, which gives me a technical edge, but I also find my artistic expression through landscape photography and music. And I'm always diving into the exciting world of Artificial Intelligence. Bringing all these different worlds together the technical, the creative, the journalistic, and the entrepreneurial—it really colors how I see things and approach every project. It gives me a distinct perspective that I try to bring to everything I share

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