Gold Rate in Gilgit 16 August 2024

Today, we delve into the intriguing trends of gold rates in Gilgit, shedding light on past shifts and speculating about the future of this precious metal in the city.

Gold Rates Today in Gilgit

Please note that the gold rates are subject to change due to market fluctuations. The rates provided here are based on the latest available information.

In Gilgit, the price of 24K gold tends to be the highest due to its pure composition. As of today 16 August 2024, the price of 24K gold in Gilgit is Rs. 221,890 per 10 grams, and the per tola gold price in
Gilgit is Rs. 258,750. This is the current 24 Karat gold rate in Gilgit.

Similarly, the price of 22 Karat was recorded at Rs.241359 per tola as per the New Sarafa Bazaar in Gilgit.

Gold Rate in Gilgit 16 August 2024

The gold rate today in Gilgit, is subject to constant fluctuations based on various factors. The price of gold is influenced by global market trends, economic conditions, and geopolitical events. It is important for those interested in buying or selling gold to stay updated on the current rates.

By keeping track of the gold rate today in Gilgit, individuals can make informed decisions regarding their gold-related transactions. Whether it’s 24Karat, 22Karat, 21Karat, or 18Karat gold, knowing the prevailing rates allows individuals to gauge the market value of their assets or make purchases at favorable prices. Check below the gold prices in Gilgit on 16 August 2024.

Gold Purity 10 Grams Per Tola
18K Gold Rs. 168780 Rs. 197472
21K Gold Rs. 196910 Rs. 230384
22K Gold Rs. 206290 Rs. 241359
24K Gold Rs. 221,890 Rs. 258,750


24 Karat Gold Rate Today in Gilgit 16 August 2024

As of the latest update, the 24 karat gold rate today in Gilgit is Given Below. The price of 24 karat gold is subject to fluctuations based on various factors like global market trends, economic conditions, and geopolitical events. It is important for individuals interested in buying or selling gold to stay updated on the current rates. By keeping track of the 24 karat gold rate today in Gilgit, individuals can make informed decisions regarding their gold-related transactions.

Whether it’s for investment purposes or purchasing jewelry, knowing the prevailing rate allows individuals to gauge the market value of their assets or make purchases at favorable prices. It’s advisable to regularly check GoldRateToday.com.pk website, consult with local jewelers, or contact gold merchants in Gilgit for the most up-to-date information on the 24 karat gold rate.

Today gold rate for 24 Karat 1 tola in Gilgit is Rs. 258,750. Down below you can see prices in different
units

Gold Unit Price in (PKR)
1 Gram Rs. 22,504
10 Gram Rs. 221,890
1 Tola Rs. 258,750
Ounce Rs. 630112

22 Karat Gold Rate Today in Gilgit 16 August 2024

As of the latest update, the 22 karat gold rate today in Gilgit is subject to fluctuations. The price of 22 karat gold is influenced by various factors such as global market trends, economic conditions, and geopolitical events. It is essential for individuals interested in buying or selling gold to stay updated on the current rates.

Today gold rate for 22 Karat 1 tola in Gilgit is Rs. 241359. Down below you can see prices in different
units

Gold Unit Price in (PKR)
1 Gram Rs. 20,629
10 Gram Rs. 206290
1 Tola Rs. 241359
Ounce Rs. 577612

21 Karat Gold Rate Today in Gilgit 16 August 2024

21K gold has a gold content of 87.5% and is a slightly less common karat in jewelry making. It offers a good compromise between gold purity and sturdiness.

Today gold rate for 21 Karat 1 tola in Gilgit is Rs. 230384. Down below you can see prices in different
units

Gold Unit Price in (PKR)
1 Gram Rs. 19,691
10 Gram Rs. 196910
1 Tola Rs. 230384
Ounce Rs. 551348

18 Karat Gold Rate Today in Gilgit 16 August 2024

With 75% gold content, 18K gold is a standard for high-quality jewelry. It offers a mix of durability and elegance.

Today gold rate for 18 Karat 1 tola in Gilgit is Rs. 197472. Down below you can see prices in different
units

Gold Unit Price in (PKR)
1 Gram Rs. 16,878
10 Gram Rs. 168780
1 Tola Rs. 197472
Ounce Rs. 472584

Last 15 Days Gold Rate in Gilgit

Date 24k 10 Grams 24k 1 Tola 24k 1 Gram 22k 1 Gram 21k 1 Gram 18k 1 Gram
16 Aug 2024 221890 258750 22504 20629 19691 16878
15 Aug 2024 221120 257850 22427 20558 19624 16820
14 Aug 2024 221800 258670 22180 20332 19408 16635
13 Aug 2024 221720 258550 22487 20613 19676 16865
12 Aug 2024 220600 257250 22375 20510 19578 16781
11 Aug 2024 219800 256370 21980 20148 19233 16485
10 Aug 2024 219750 256250 22290 20432 19504 16718
09 Aug 2024 219830 256350 22298 20440 19511 16724
08 Aug 2024 219490 255950 22264 20409 19481 16698
07 Aug 2024 219830 256350 22298 20440 19511 16724
06 Aug 2024 219530 256000 22268 20412 19485 16701
05 Aug 2024 219060 255450 22221 20369 19443 16666
04 Aug 2024 220800 257520 22080 20240 19320 16560
03 Aug 2024 220730 257400 22388 20522 19590 16791
02 Aug 2024 216900 252910 21690 19882 18979 16268
01 Aug 2024 216900 252910 21690 19882 18979 16268
31 Jul 2024 216900 252910 21690 19882 18979 16268
30 Jul 2024 216900 252910 21690 19882 18979 16268
29 Jul 2024 216900 252910 21690 19882 18979 16268
28 Jul 2024 216900 252910 21690 19882 18979 16268
27 Jul 2024 216790 252800 21994 20161 19245 16496
26 Jul 2024 216500 252410 21650 19846 18944 16238
25 Jul 2024 216360 252300 21951 20122 19207 16463
24 Jul 2024 218250 254500 22140 20295 19373 16605
23 Jul 2024 216190 252100 21934 20106 19192 16451
22 Jul 2024 215420 251200 21857 20035 19125 16393
21 Jul 2024 215200 250960 21520 19727 18830 16140
20 Jul 2024 215120 250850 21827 20008 19099 16370
19 Jul 2024 214860 250550 21801 19984 19076 16351
18 Jul 2024 218120 254350 22127 20283 19361 16595

Factors Affecting Gold Prices in Gilgit

The price of gold is influenced by a myriad of factors, including:

  • Global Economic Conditions: Gold often serves as a safe-haven investment during times of economic uncertainty. When economies face instability, the demand for gold tends to rise, driving up its price.
  • Inflation: Gold is seen as a hedge against inflation. When the value of currency decreases due to rising inflation, the price of gold may increase.
  • Central Bank Policies: Actions taken by central banks, such as changes in interest rates or gold reserves, can impact gold prices.
  • Geopolitical Events: Political tensions, conflicts, and geopolitical events can lead to higher demand for gold as a store of value.
  • Supply and Demand: Basic economics apply to gold as well. If the supply of gold decreases or demand increases, prices tend to rise.

Recent Trends and Their Implications in Gilgit

In recent months, Gilgit’s gold market has displayed a degree of volatility. While gold rates have remained relatively steady, minor fluctuations have mirrored the city’s response to global economic cues. The steady demand for gold jewelry during the wedding season has contributed to the stable market conditions.

Upcoming Updates and Insights in Gilgit

Overall, the gold rate in Gilgit is expected to remain stable in the coming weeks. However, there are some factors that could influence the price of gold in the city. Investors and buyers should keep an eye on these factors in order to make informed decisions about their gold investments.

Conclusion

The gold rates today in Gilgit reflect the dynamic interplay of global economic trends, market forces, and local demand. Whether you’re an investor looking to diversify your portfolio or an individual interested in adorning exquisite jewelry, understanding the different karat grades and their prices is essential. Keep in mind that gold prices can change rapidly, so it’s advisable to stay updated through reliable sources before making any financial decisions.

Important Note: We collected all these gold rates in Gilgit through the Sarafa Bazaar Gilgit. You can check latest gold prices on our website Gold Rate Today Online.

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