Gold earrings are a popular choice in Pakistan, not only for their aesthetic appeal but also as a form of investment. The price of gold can fluctuate due to various factors, including global market trends, currency rates, and local demand. This article explores the current prices of gold earrings in Pakistan, along with insights into the factors influencing these prices.
Current Gold Prices
As of October 2023, the price of gold in Pakistan is influenced by international gold rates. Below is a table showing the current prices of gold per gram, per tola, and for various types of gold earrings.
Type of Gold
Price per Gram (PKR)
Price per Tola (PKR)
24K Gold
15,000
175,200
22K Gold
13,800
161,800
18K Gold
11,500
135,900
Price Ranges for Gold Earrings
Gold earrings come in various designs and weights, affecting their prices. Here’s a breakdown of typical price ranges for gold earrings in different karats.
Type of Earrings
Weight (grams)
Price Range (PKR)
Simple 24K Earrings
5
75,000 – 85,000
Designer 22K Earrings
10
130,000 – 150,000
Traditional 18K Earrings
8
90,000 – 100,000
Heavy 24K Earrings
15
200,000 – 220,000
Detailed Price Breakdown
24K Gold Earrings
Design
Weight (grams)
Price (PKR)
Simple Stud
5
80,000
Hoops
10
150,000
Chandelier
15
220,000
Traditional Jhumka
12
180,000
22K Gold Earrings
Design
Weight (grams)
Price (PKR)
Simple Stud
5
70,000
Hoops
10
130,000
Chandelier
15
200,000
Traditional Jhumka
12
160,000
18K Gold Earrings
Design
Weight (grams)
Price (PKR)
Simple Stud
5
60,000
Hoops
10
110,000
Chandelier
15
170,000
Traditional Jhumka
12
140,000
Regional Price Variations
Gold prices can vary by region in Pakistan. Here are some average prices from different cities.
City
24K Gold Price (PKR per Tola)
22K Gold Price (PKR per Tola)
18K Gold Price (PKR per Tola)
Karachi
175,200
161,800
135,900
Lahore
175,500
162,000
136,000
Islamabad
175,000
161,500
135,500
Peshawar
174,800
161,300
135,200
Quetta
175,300
162,200
136,100
Seasonal Pricing Trends
Gold prices also fluctuate with the seasons. Below is a table showing average prices across different months.
Month
Average Price (PKR per Tola)
January
170,000
February
172,000
March
173,000
April
175,000
May
177,000
June
180,000
July
182,000
August
181,000
September
175,500
October
175,200
Gold Earring Purchase Trends
Most Popular Designs
Design Type
Popularity (1-10)
Simple Stud
8
Hoops
7
Chandelier
9
Traditional Jhumka
10
Consumer Preferences
Preference
Percentage (%)
24K Gold
40
22K Gold
35
18K Gold
25
Factors Influencing Gold Prices
Global Market Trends: Gold prices are largely influenced by international market trends. When global demand for gold increases, prices tend to rise.
Currency Fluctuations: The value of the Pakistani Rupee against the US Dollar plays a significant role. A weaker Rupee can lead to higher gold prices.
Local Demand: Cultural factors and seasonal demand, especially during weddings and festive seasons, can drive prices up.
Import Duties and Taxes: Government policies regarding import duties on gold can also affect local prices.
Economic Stability: Economic conditions in Pakistan, including inflation rates, can influence consumer purchasing power and, consequently, gold prices.
Conclusion
Investing in gold earrings is not just about fashion; it is also a way to secure financial stability. Understanding the current gold prices and the factors that influence them can help consumers make informed decisions. Whether you are looking for a simple pair of earrings or a heavy designer piece, being aware of the market trends will assist you in getting the best value for your purchase in Pakistan.
