Gold Rate in Kashmir 16 August 2024

Today’s gold rate in Kashmir is an important piece of information for those interested in the precious metal market. The gold rate fluctuates daily based on various factors such as global economic conditions, supply and demand, and market trends. Keeping track of the current gold rate allows individuals to make informed decisions regarding buying or selling gold. In Kashmir, the gold rate serves as a benchmark for jewelry prices and investment opportunities.

Today Current Gold Price in Kashmir

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 Kashmir, 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 Kashmir is Rs. 221,840 per 10 grams, and the per tola gold price in
Kashmir is Rs. 258,700. This is the current 24 Karat gold rate in Kashmir.

Similarly, the price of 22 Karat was recorded at Rs.240821 per tola as per the New Sarafa Bazaar in Kashmir.

It is essential to note that gold rates can vary slightly between different jewelry stores and dealers. Therefore, it is advisable to check the prevailing rates at trusted sources before making any transactions.

Gold Rate in Kashmir 16 August 2024

By keeping track of the gold rate today in Kashmir, 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 Kashmir on 16 August 2024.

Gold comes in various purities, commonly referred to as karats. The karat measurement indicates the percentage of pure gold in a piece of jewelry or bullion. Understanding the prices of gold in different karats is crucial for both buyers and sellers. The chart below displays the prices of gold in different karats:

Gold Purity 10 Grams Per Tola
18K Gold Rs. 168410 Rs. 197039
21K Gold Rs. 196470 Rs. 229869
22K Gold Rs. 205830 Rs. 240821
24K Gold Rs. 221,840 Rs. 258,700

This chart provides a comprehensive overview of the price variations based on karat purity. It is important to note that higher karat gold typically commands a higher price due to its increased purity. Buyers and sellers can refer to this chart to make informed decisions based on their preferences and budget.


24 Karat Gold Rate Today in Kashmir 16 August 2024

As of the latest update, the 24 karat gold rate today in Kashmir 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 Kashmir, 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 Kashmir for the most up-to-date information on the 24 karat gold rate.

Today gold rate for 24 Karat 1 tola in Kashmir is Rs. 258,700. Down below you can see prices in different
units

Gold Unit Price in (PKR)
1 Gram Rs. 22,454
10 Gram Rs. 221,840
1 Tola Rs. 258,700
Ounce Rs. 628712

22 Karat Gold Rate Today in Kashmir 16 August 2024

As of the latest update, the 22 karat gold rate today in Kashmir 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 Kashmir is Rs. 240821. Down below you can see prices in different
units

Gold Unit Price in (PKR)
1 Gram Rs. 20,583
10 Gram Rs. 205830
1 Tola Rs. 240821
Ounce Rs. 576324

21 Karat Gold Rate Today in Kashmir 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 Kashmir is Rs. 229869. Down below you can see prices in different
units

Gold Unit Price in (PKR)
1 Gram Rs. 19,647
10 Gram Rs. 196470
1 Tola Rs. 229869
Ounce Rs. 550116

18 Karat Gold Rate Today in Kashmir 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 Kashmir is Rs. 197039. Down below you can see prices in different
units

Gold Unit Price in (PKR)
1 Gram Rs. 16,841
10 Gram Rs. 168410
1 Tola Rs. 197039
Ounce Rs. 471548

Last 15 Days Gold Rate in Kashmir

Understanding the historical trends of gold prices can provide valuable insights for investors and enthusiasts. By analyzing the last 15 days’ gold price chart, one can observe patterns, identify potential price movements, and make informed decisions.

The chart below showcases the gold prices over the past 15 days:

Date 24k 10 Grams 24k 1 Tola 24k 1 Gram 22k 1 Gram 21k 1 Gram 18k 1 Gram
16 Aug 2024 221840 258700 22454 20583 19647 16841
15 Aug 2024 221070 257800 22377 20512 19580 16783
14 Aug 2024 221800 258620 22180 20332 19408 16635
13 Aug 2024 221670 258500 22437 20567 19632 16828
12 Aug 2024 220550 257200 22325 20464 19534 16744
11 Aug 2024 219800 256310 21980 20148 19233 16485
10 Aug 2024 219700 256200 22240 20387 19460 16680
09 Aug 2024 219780 256300 22248 20394 19467 16686
08 Aug 2024 219440 255900 22214 20363 19437 16661
07 Aug 2024 219780 256300 22248 20394 19467 16686
06 Aug 2024 219480 255950 22218 20366 19441 16664
05 Aug 2024 219010 255400 22171 20323 19400 16628
04 Aug 2024 220800 257470 22080 20240 19320 16560
03 Aug 2024 220680 257350 22338 20476 19546 16754
02 Aug 2024 216800 252860 21680 19873 18970 16260
01 Aug 2024 216800 252860 21680 19873 18970 16260
31 Jul 2024 216800 252860 21680 19873 18970 16260
30 Jul 2024 216800 252860 21680 19873 18970 16260
29 Jul 2024 216800 252860 21680 19873 18970 16260
28 Jul 2024 216800 252860 21680 19873 18970 16260
27 Jul 2024 216740 252750 21944 20115 19201 16458
26 Jul 2024 216400 252360 21640 19837 18935 16230
25 Jul 2024 216310 252250 21901 20076 19163 16426
24 Jul 2024 218200 254450 22090 20249 19329 16568
23 Jul 2024 216140 252050 21884 20060 19149 16413
22 Jul 2024 215370 251150 21807 19990 19081 16355
21 Jul 2024 215200 250910 21520 19727 18830 16140
20 Jul 2024 215070 250800 21777 19962 19055 16333
19 Jul 2024 214810 250500 21751 19938 19032 16313
18 Jul 2024 218070 254300 22077 20237 19317 16558

Analyzing this chart can help individuals gauge the volatility and overall trend of gold prices in Kashmir. It is important to note that past performance does not guarantee future results, but it can serve as a reference point for understanding market dynamics.

Recent Updates

Staying updated with recent developments in the gold market is essential for individuals interested in gold as an investment or for jewelry purposes. Here are some recent updates regarding gold:

Market Trends

Over the past few weeks, gold prices have experienced slight fluctuations due to various factors such as economic indicators, geopolitical events, and investor sentiment. It is advisable to closely monitor these trends to make informed decisions.

Inflation Hedge

Gold has historically served as a hedge against inflation. As concerns about inflation rise, investors often turn to gold as a store of value and a means to protect their wealth.

Global Economic Outlook

The global economic landscape plays a significant role in determining gold prices. Factors such as interest rates, central bank policies, and trade tensions can impact the demand and value of gold.

Investment Opportunities

Gold continues to be a popular investment option for individuals seeking diversification and long-term wealth preservation. Exploring different investment avenues such as gold ETFs, gold mining stocks, or physical gold can provide opportunities for investors.

Upcoming Updates

Looking ahead, here are some anticipated updates and factors that may influence the price of gold in the coming days:

Economic Indicators

Keep an eye on upcoming economic indicators such as GDP growth, employment data, and inflation reports. These indicators can provide insights into the overall health of the economy and potentially impact gold prices.

Central Bank Policies

Changes in monetary policies by central banks, particularly those related to interest rates and quantitative easing, can have a significant impact on gold prices. Stay informed about any announcements or decisions made by central banks.

Geopolitical Developments

Geopolitical events, such as political tensions, trade disputes, or natural disasters, can create uncertainty in the global markets. These events may drive investors towards safe-haven assets like gold.

Investor Sentiment

Market sentiment and investor behavior can influence gold prices. Pay attention to shifts in investor sentiment, risk appetite, and overall market volatility.

Summary

In conclusion, staying informed about the gold rate in Kashmir, analyzing historical price trends, understanding prices in different karats, and keeping up with recent and upcoming updates are crucial for individuals interested in gold. Whether you are a jewelry enthusiast or an investor, being knowledgeable about the gold market can help you make informed decisions and navigate the dynamic world of gold.

Remember, the gold market is influenced by various factors, and prices can fluctuate. It is advisable to consult trusted sources, seek professional advice when needed, and conduct thorough research before making any gold-related transactions or investment decisions.

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

Leave a Comment