Gold Ring Prices in Pakistan

Gold is considered to be the most favorite ornament of women not only in Pakistan but also in the whole world. Various types of ornaments are made from gold and they are not only used for a special festival but also worn in daily routines. Gold necklaces, bangles, rings and many other items are very popular in Pakistani markets. The most important question is their prices which are currently quite high and the reason for this is the price of gold in the international market. A gold ring is an essential piece of jewelry for any woman; the most important thing is its price and how many karats of gold are used in it. In today’s article we will learn about the latest gold rings prices in Pakistan and also review all types of ring designs.

Latest Gold Ring Prices In Pakistan

Buying gold in Pakistan is easy as there are countless goldsmiths offering this service. Gold is closely related to culture and is also given as a gift on weddings, Eids or other festivals. Gold rings in Pakistan are made according to quality and carat and prices vary significantly. Gold rings in Pakistan are made according to quality and carat and prices vary significantly. Then the grams of the ring, the more grams, the faster the price goes up. A gram is basically a weight that tells you how many grams a ring is and how much it will cost. The average price of a gold ring in Pakistan currently starts from 20000 per gram and if you see a one tola gold ring, it costs between 250, 000 to 270, 000. To know more about the different types we will give all the details below.

Types of Gold Rings in Pakistan

1-Gram Gold Ring: Rising prices in Pakistan have certainly affected the purchase of gold but the 1 gram is especially for those who are interested in a light weight gold ring at reasonable prices. 1 gram ring comes in various designs and can be made in any size and most importantly it is the cheapest. The average price of one gram gold ring in Pakistan ranges from 18000 to 25000.

2-Gram Gold Ring: A 2 gram ring is considered expensive because of its weight, this ring is not only light but also offers a wide range in terms of design. These rings have a high sense of elegance and are worn for luxury. The cheapest 2 gram ring is 14k which costs between 30,000 to 40,000. If we talk about 22k and 24k then their prices are higher starting from 50000 to 1 lakh.

5-Gram Gold Ring: 5 gram rings are the most sold in Pakistan mainly because of the heavy weight of the rings and their appearance on the top surface. This ring has high durability and intensity and has the ability to display designs. After that, the work done in it is always idealized with the aim of easily checking the beauty of the ring. The price of a 5 gram ring in Pakistan starts from 65000 and can go up to 100000.

1- Tola Gold Ring: A 1 tola gold ring also known as 10 grams is considered luxury jewelery in Pakistan. It is the most expensive in terms of price and pure gold is used in its manufacture. It offers several designs and the most notable thing about them is their weight. It is usually used in weddings or family functions. A one tola gold ring currently costs 250,000 in Pakistan.

Gold Rings Design for Women

There are more than 1,000 designs of gold rings and each has a different taste and style. The designs are suitable for basically any occasion. Traditional designs are popular in Pakistan and have the status of family culture. These designs have continued as a tradition for a long time and have been passed down from generation to generation. After that Plain Gold Bands, Engraved Rings, Gemstone Rings are also among the most popular designs and are considered useful for every festival or event. It is very easy to discover more types of designs by consulting the catalog of any popular jewelry shop. In 2024, there will also be many precious gold rings available in Pakistan which has high prices but their attractive style can attract one quickly.

Why are the Prices of Gold Rings so High?

Fluctuations in the international market: The main reason why gold is expensive in Pakistan is the lack of price stability in the global market. The price of gold has increased tremendously over the past one year and hence all jewelry made from it has become quite expensive.

High Demand: An increase in demand for anything not only increases its prices but also signals further increases in the coming days. Gold prices in Pakistan are also moving in the same way, besides its demand is increasing rapidly all over the world and its prices are getting affected more.

Currency Denomination: The most important factor in gold prices in Pakistan is the value of the dollar. If the price goes down, local buyers benefit, but if it goes up, prices become out of reach.

Gold Being Pure: Pure gold has its own unique luster and durability. Although countless Karats of gold are found in Pakistan, pure gold is preferred by all and its prices are set very high.

Conclusion

Price rise is of course a major concern for buyers, but as the country’s economic conditions improve, the price of gold may decrease. The above mentioned prices are obtained from Rawalpindi, Karachi, Lahore and Islamabad Gold Markets with the aim of informing the buyers about the best price. Stay with us to know the prices on a daily basis and check the latest prices.