The gold price averaged $872 per troy ounce in 2008, but that’s hardly the whole story. Thus gold prices rose only because the government devalued the U.S. dollar—after essentially confiscating all of the country’s gold. 2008 is the most recent point of comparison to determine what happens to gold in a recession.
Q. What is the price of gold in 2008?
Historical gold rate trend in India
Table of Contents
- Q. What is the price of gold in 2008?
- Q. What was the gold price in 2007 in Pakistan?
- Q. What was the gold rate in 2009 in Pakistan?
- Q. What was the gold rate in 2006 in Pakistan?
- Q. What was the price of gold in 2008 September?
- Q. What was the price of gold in 2005 in Pakistan?
- Q. What was the price of gold in 2012 in Pakistan?
- Q. What was gold rate in 1947?
- Q. What was the rate of gold in 2015 in Pakistan?
- Q. What was the gold price in 2008 in Pakistan?
- Q. Did gold go down 2008?
| This chart contains the average annual price for gold from 1964 – present. | |
|---|---|
| Year | Price (24 karat per 10 grams) |
| 2008 | Rs.12,500.00 |
| 2009 | Rs.14,500.00 |
| 2010 | Rs.18,500.00 |
Q. What was the gold price in 2007 in Pakistan?
It soared to Rs 7,200 in 2002 and then to Rs 8,300 in 2003 and to Rs 9,500 next year in 2004. In 2005 it began selling at Rs 10, 600, in 2006 at Rs 13, 500, in 2007 at Rs 15, 200.
Q. What was the gold rate in 2009 in Pakistan?
Gold Price History in Pakistan Rupees (PKR) for December 2009
| Gold Price/oz | Gold Price/gram | |
|---|---|---|
| 12/22/09 | 91,781 | 2,950.81 |
| 12/23/09 | 92,071 | 2,960.16 |
| 12/24/09 | 93,277 | 2,998.92 |
| 12/25/09 | 93,166 | 2,995.37 |
Q. What was the gold rate in 2006 in Pakistan?
The current rate of one tola gold is Rs15,950 as compared to Rs11,700 on January 1, 2006. The 10-tola gold bar (usually called biscuit in bullion language) now costs Rs159,500 as compared to Rs117,000.
Q. What was the price of gold in 2008 September?
Gold Price on 10 September 2008
| Wednesday | End of Day | Highest |
|---|---|---|
| Rs/gm | ₹1,155 | ₹1,166 |
| Rs/10gm | ₹11,554 | ₹11,664 |
Q. What was the price of gold in 2005 in Pakistan?
Gold price in Pakistan 2004-2012
| Date | Price per Troy ounce | Price 10 Grams |
|---|---|---|
| Apr-05 | 25,377.97 | Rs. 8160 |
| May-05 | 25,099.39 | Rs. 8070 |
| Jun-05 | 25,704.76 | Rs. 8270 |
| Jul-05 | 25,317.79 | Rs. 8140 |
Q. What was the price of gold in 2012 in Pakistan?
Gold tola price up Rs8,800 in 2012.
Q. What was gold rate in 1947?
In 1947, 10 grams of gold used to cost Rs 88.62, as per the Indian Post Gold Coin Services. Now, the same 10 grams cost over Rs 46,000.
Q. What was the rate of gold in 2015 in Pakistan?
Gold Price History in Pakistan Rupees (PKR) for June 2015
| Gold Price/oz | Gold Price/gram | |
|---|---|---|
| 06/11/15 | 120,479 | 3,873.50 |
| 06/12/15 | 120,240 | 3,865.81 |
| 06/15/15 | 120,850 | 3,885.43 |
| 06/16/15 | 120,390 | 3,870.63 |
Q. What was the gold price in 2008 in Pakistan?
Pakistan rupee & gold rates on 13th october 2008
| Spot rates for public per unit of currency | |
|---|---|
| Gold (22-ct) | Rs 20,708 |
| Gold (21-ct) | Rs 19,767 |
| Silver Tezabi (24-ct) | Rs 321.50 |
| Silver Thobi (bar) | Rs 313.00 |
Q. Did gold go down 2008?
On Monday September 15, 2008, the crisis reached a climax, when the U.S. bank Lehman Brothers filed for bankruptcy. The gold price declined: from over $1,000 per troy ounce to $775 per troy ounce on the very day Lehman went under.
