The gold rate in Multan fluctuates daily, influenced by various factors such as international market trends, local demand, and economic conditions. Buyers and investors closely monitor the gold rate in Multan to make informed decisions when purchasing or selling the precious metal.
The city's gold market offers a wide range of jewelry and investment options, attracting both local and regional customers. Staying up-to-date with the current gold rate in Multan is crucial for those looking to invest in gold or purchase jewelry at the best possible price.
Gold Rates in Multan as per the Pakistan Sarafa Market
Presently, the per tola gold rate in Multan stands at Rs.249500, as reported by the Multan Gold Market.
Below, you'll find the current Multan gold rates and a historical gold rates chart based on market data.
Calculate Gilgit Gold Rates by Gram
To calculate Gilgit gold rates in 24K, simply input the gram weight in the text box. For comprehensive and historical gold rate conversions, we recommend utilizing our advanced Gold Calculator tool. Easily determine Gilgit gold prices by leveraging our Gold conversion tool.
1 Gram 24 Karat Gold price in Multan stands at Rs.21390.97 as per today.
Gold Performance in Multan (Last 1 year)
Period | Difference (PKR) |
Difference (%)
|
Yesterday Difference | 0 | 0 |
Last Month Difference | 8350 | 3.47 |
Last Year Difference | 42350 | 20.48 |
Why the Gold Rate in Multan Per Tola Can Fluctuate?
- International market trends: Gold is a globally traded commodity, and its price is influenced by international market conditions. Changes in the world gold market, such as shifts in demand and supply, geopolitical events, and economic indicators, can impact the gold rate in Multan.
- Currency exchange rates: Gold is typically priced in US dollars internationally. Fluctuations in the exchange rate between the Pakistani Rupee and the US dollar can affect the local gold price in Multan.
- Economic conditions: Economic factors such as inflation, interest rates, and GDP growth can influence the demand for gold as an investment. During times of economic uncertainty, investors often turn to gold as a safe-haven asset, driving up its price.
- Local demand and supply: The balance between local demand and supply of gold in Multan can impact the gold rate. Festivals, weddings, and other occasions where gold jewelry is traditionally purchased can increase demand and lead to price fluctuations.
- Government policies: Changes in government policies, such as import duties on gold or regulations related to the gold market, can affect the local gold rate in Multan.
- Speculation and market sentiment: Speculation by investors and overall market sentiment can also contribute to short-term fluctuations in the gold rate in Multan.
These factors, along with others, interact to determine the gold rate in Multan per tola, leading to daily fluctuations in the price of the precious metal.
Today Gold Rate in Multan
Yesterday's performance of gold in the Multan market showed a decrease of Rs. 2,750 or -1.13% in value. Over the past month, the gold rate in Multan has increased by PKR 15,800, reflecting a 7.01% rise. On an annual basis, the price of gold in Multan has seen an increase of Rs. 23,050, amounting to a 10.56% gain in value.
Additionally, Gold.pk offers a user-friendly gold rate conversion tool that accommodates various weights and purities, such as 24K, 22K, 21K, and 18K. This tool allows users to easily obtain gold rates for their desired date, weight, and purity according to the Multan gold market.
Gold Rate in Multan 18k, 21k, 22k and 24k Difference Table
Karat |
Purity (% Gold) |
Typical Uses |
Notable Characteristics |
24k |
99.9% |
Investment gold, gold bars, gold coins |
Purest form of gold; very soft and malleable; bright yellow color |
22k |
91.7% |
High-quality jewelry |
Durable while still retaining a high level of purity; slightly harder than 24K |
21k |
87.5% |
Fine jewelry in Middle Eastern countries |
Good balance of purity and durability; more affordable than 22K |
18k |
75% |
Jewelry that requires more durability |
Strong and good for daily wear; less prone to scratching than higher karats |
Gold Rates in Top Cities of Pakistan (Updated Today)
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|
Islamabad | |
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Peshawar | |
Gilgit | |
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Skardu | |
Sukkur |