Gold and silver prices are rising again today. If you are planning to buy or sell, it’s important to know the latest rates. Here is today’s update.
Today’s Gold and Silver Rates
| Metal | Purity | Rate (PKR) | International Price (USD) |
|---|---|---|---|
| Gold | 24K, 99% | 474,500 per tola | 4,591 per oz |
| Silver | 24K, 99% | 9,700 per tola | – |
Note: The above rates are for 24-carat (99% pure) gold and silver per tola. Prices may change during the day depending on the market.
Why Gold and Silver Prices Are Rising
- International Market Trends: Global gold price is $4,591 per ounce today, which is slightly higher than yesterday.
- Local Demand: Increased buying in Pakistan can push prices up.
- Currency Fluctuations: If the Pakistani rupee weakens against the US dollar, gold and silver rates in PKR go up.
How to Buy Safely
- Buy from trusted jewelers or banks.
- Check the purity and certificate of gold or silver.
- Avoid rushed decisions when prices are volatile.
FAQs
Q1: What is the best time to buy gold?
A: When prices are stable or slightly lower than recent trends. Avoid buying during sudden spikes.
Q2: Can silver be a good investment?
A: Yes, silver is cheaper than gold and can grow in value over time.
Q3: Why do gold prices change every day?
A: Gold prices depend on international markets, currency rates, and local demand.
Q4: What is a tola?
A: A tola is a traditional unit of weight in Pakistan, equal to about 11.66 grams.
Conclusion
Today, gold and silver rates are rising again. Keeping an eye on international prices and local trends can help you make better decisions. Always buy from trusted sources to ensure safety and purity.
Rana Shahriyar is a dedicated content writer and contributor at 8171 Rashan Program. With a strong interest in social welfare programs and government initiatives, his work focuses on delivering clear, reliable, and easy to understand information for the public.