On November 4, ten grams of 24-carat gold cost Rs 1,43,105 in India compared to an Indian rupee equivalent of Rs 1,21,654 in Pakistan, creating a gap of about Rs 21,451. A similar divergence appears in 22-carat gold, where the Pakistani equivalent rate is roughly Rs 20,227 cheaper per ten grams. Beyond standard baseline rates, Indian retail buyers face additional expenses such as the goods and services tax and jewellery making charges.
Key points
National import duties, local taxes, exchange rates, and market premiums cause domestic g…: National import duties, local taxes, exchange rates, and market premiums cause domestic gold prices to diverge from global benchmarks.
Investment products typically utilize 99.9 percent pure 24-carat gold because the metal r…: Investment products typically utilize 99.9 percent pure 24-carat gold because the metal remains soft in that state.
Durable jewellery relies on 22-carat gold mixed with other metals, which also attracts lo…: Durable jewellery relies on 22-carat gold mixed with other metals, which also attracts local goods and services tax in India.
Sources checked by our analysis pipeline: 1
In India, the price of 24-carat gold stood at around Rs 1,43,105 per 10 grams, while 22-carat gold was priced at approximately Rs 1,31,742.90 per 10 grams, according to Paytm's gold rate tracker. But how much does gold actually cost in Pakistan when converted into Indian rupees? Here is a detailed comparison of 24K and 22K gold prices in the two countries.
Gold price in Pakistan vs India: 24K and 22K rates
According to the Pakistan gold rate data for November 4, 24-carat gold was priced at PKR 35,456 per gram. The 22-carat rate stood at PKR 32,501 per gram. At the prevailing exchange rate of approximately Rs 0.3431 for one Pakistani rupee, these prices translate into considerably lower amounts in Indian currency.Here is how the rates compare:
Gold purity | Pakistan (10 grams) | Pakistan price in INR | India (10 grams) |
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