Live Gold Price in Peshawar: Today’s Gold Rate
As on, Wednesday, 22 January 2025
Price Per 1 Tola
Rs. 288494
Price Per 10 Gram
Rs. 247342
Price Per 1 Gram
Rs. 24734
Price Per Ounce
Rs. 769320
Peshawar being the capital city of Khyber Pakhtunkhwa plays a significant role in the Gold market of Pakistan. In Peshawar, Gold is an in-demand metal not only loved for its beautiful jewelry but also for investment purposes. Staying updated with the latest price of Gold in Peshawar is essential whether you are aiming to invest in this precious metal or you want to buy Gold jewelry.
Gold Price in Peshawar Today
Today the gold price in Peshawar per tola is 288494, per 10-gram gold price is 247342 and the price of gold per gram is 24734.
| Gold Purity | Per 1 Gram | Per 10 Gram | Per Tola | Per Ounce |
|---|---|---|---|---|
| 24K | 24734 | 247342 | 288494 | 769320 |
| 22K | 22673 | 226738 | 264463 | 705235 |
| 21K | 21642 | 216424 | 252432 | 673155 |
| 20K | 20611 | 206110 | 240402 | 641074 |
| 18K | 18550 | 185506 | 216371 | 576990 |
Also, find out the live Silver Rate in Peshawar.
Where to Buy Gold in Peshawar
Peshawar is home to the oldest gold markets and shops where users can find a variety of gold jewelry. Some of the best places to buy gold are:
Andar Sheher Bazar
In Peshawar, the best place for buying Gold is the most famous and traditional Andar Sheher Bazar. This market is known for its historical significance and has been there for centuries, with hundreds of authentic jewelry shops. It is one of the oldest jewelry markets not only in Pakistan but in the whole of Asia. Here you will find authentic Gold dealers working for generations. In Andar Sheher Bazar Peshawar, you will get all the international jewelry designs and great customer service.
Chowk Yadgar
In Chowk Yadgar, there are numerous jewelers who offer Gold items of high quality. It is one of the oldest Gold markets of Peshawar where Gold is sold at a fair price.
Saddar Bazaarย
Saddar Bazaar is one of the biggest markets of Peshawar including the Gold market. There are a lot of reputable jewelers there who are authentic, humble, and honest. In Saddar Bazar, you will get different designs and styles of jewelry.
ย Best Time to Buy Gold in Peshawar
The Gold rate in Peshawar fluctuates regularly, so the timing for buying Gold in Peshawar is crucial for your investment. In Peshawar, Gold prices tend to rise during the wedding season which generally starts in October and lasts till February due to high demand. Buying Gold after this period is a good decision because demand decreases and prices drop significantly.
Also, it would be best if you keep an eye on the Pakistani rupee against the US dollar because it plays a crucial role in Gold prices. Make your purchase when the rupee is gaining strength against the dollar. In this way, you will get Gold at good prices.
Factors Affecting Gold Rate in Peshawar
Gold price in Peshawar is an interesting topic for many people because it is bought not only for jewelry purposes but also as a hedge against inflation. Its rate often fluctuates because of various factors. Some of the factors that affect this precious metal are:
International Gold Prices
Gold prices in Peshawar are influenced by its rate in global markets because it is traded in US dollars globally. This means any fluctuation in the international market will drive the prices up. So, there is a direct relation between Gold prices in global markets and in Peshawar.
Demand and Supply
There is a direct relation between Gold prices in Peshawar and its supply/demand. The greater the supply, the higher the rate of Gold. Demand for this precious metal generally comes from investment and jewelry. The huge demand for Gold is during the wedding season. During the wedding season, its jewelry is purchased in large quantities resulting in a rise in its rate.
Us Dollar
Globally the rate of Gold is set in US dollars. It means there is a direct relation between the US dollar and Gold prices. When the US Dollar gains its strength against other currencies, the Gold prices increase. Similarly, when the US Dollar weakens, the Gold rate decreases.
Currency Exchange Fluctuations
Gold price is set globally and its price is set in US Dollars. There is a huge impact of currency fluctuations on Gold rates in Peshawar. As our currency is becoming weaker, even if the international Gold rate is constant, its rate in our country will increase. On the other hand, if our currency [Pkr] gains its strength, the Gold rate will decrease accordingly.
Geopolitical Factors
Gold prices are highly influenced by geo-political events. During political unrest and economic uncertainties, investors tend to move towards storing Gold because it possesses a higher liquidity rate than any other commodity. For instance, there has been a massive hike in Gold rates internationally since the beginning of the Ukraine-Russia war. Similarly in the covid 19 pandemic, demand for this metal became higher, causing its rate to rise drastically.
FAQ’s
Conclusion
In conclusion, keeping yourself updated with the latest and accurate Gold rate in Peshawar is crucial whether you are aiming to invest in this beautiful metal or are fond of its jewelry. In Peshawar, Andar Sheher Bazar is the best location for buying Gold jewelry and here you will get ultimate customer service. Before buying or selling, consider the factors that affect the Gold rate in Peshawar like international prices, its local demand, and the economic conditions of the country. By keeping an eye on these factors, you can take full advantage of this precious metal.