Gold is not consumable just like other eatables. But the rates of gold are increasing day by day as if it is a highly consumed commodity. There may be different factors involved in raising the prices of gold up. One of them is the demand for gold in multiple industries.
The demand for gold is increasing day by day. As a result, supply is also growing. For example, this precious metal has been used in dentistry for 3,000 years due to its biocompatibility. The dentists use it for filling, crowning, bridging and orthodontic appliances. In the same way, it is used in electrification as it is a reliable conductor of electricity and it does not corrode. It is highly useful in electronics. If you observe the electronics of your Smartphone, it contains up to 50 milligrams of gold. Similarly, it is used in medicines to treat the furuncles, skin ulcers, smallpox, joints pain, and swelling and in many other medications. In short, it is widely used in a lot of fields, and that’s why it is highly demanded in the world.
The people use to invest their money in gold to avoid uncertain financial disasters in the future. For the gold investors, it is necessary to keep an eye on the gold rates to know the updated prices.
Today, the gold rate in the international gold market remains constant at $1306.80. In Pakistan, the rate for 24K gold per 10 grams is Rs 58,399.31, and the rate for 24K gold per tola is Rs 68,044.65. In the same way, the rate for 22K gold per 10 grams is Rs 53,532.70, and the rate of 22K gold per tola is Rs 62,374.26. For the last few days, there is no upward or downward movement in the gold prices.
Silver Rates In Pakistan – 26 February 2019
Silver is known as the best metal after gold, and it is used in multiple industries. It is the best thermal and electrical conductor. In the electrical applications, it is an ideal metal. The antimicrobial and non-toxic qualities of silver make it highly beneficial in medicines. Due to its high luster, it is used in mirror industry, jewelry and in utensils manufacturing industries.
Today, the rate of silver per 10 grams is Rs 722.60, and the price of silver per tola is noted Rs 842.82. If we compare the silver rate per 10 grams today and yesterday, we see that there is a slight decline of Rs 1.30 today.
| Location | Gold 24K 10 Grams | Gold 24K Per Tola | Gold 22K 10 Grams | Gold 22K per Tola | Silver 10 Grams |
|---|---|---|---|---|---|
| Pakistan | Rs 58,399.31 | Rs 68,044.65 | Rs 53,532.70 | Rs 62,374.26 | Rs 722.60 |
| Karachi | Rs 58,399.31 | Rs 68,044.65 | Rs 53,532.70 | Rs 62,374.26 | Rs 722.60 |
| Lahore | Rs 58,399.31 | Rs 68,044.65 | Rs 53,532.70 | Rs 62,374.26 | Rs 722.60 |
| Islamabad | Rs 58,399.31 | Rs 68,044.65 | Rs 53,532.70 | Rs 62,194.77 | Rs 722.60 |
| Rawalpindi | Rs 58,399.31 | Rs 68,044.65 | Rs 53,532.70 | Rs 62,374.26 | Rs 722.60 |
| Peshawar | Rs 58,399.31 | Rs 68,044.65 | Rs 53,532.70 | Rs 62,374.26 | Rs 722.60 |
| Quetta | Rs 58,399.31 | Rs 68,044.65 | Rs 53,532.70 | Rs 62,374.26 | Rs 722.60 |
| Sialkot | Rs 58,399.31 | Rs 68,044.65 | Rs 53,532.70 | Rs 62,374.26 | Rs 722.60 |
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