Pakistan · PKR · Sunday, May 20, 1990
Gold Price in Pakistan — May 20, 1990
On May 20, 1990, the international gold spot price was $375.20 per troy ounce. Local PKR conversion for Pakistan requires a verified same-day exchange rate, which isn't currently available for this date — try a nearby trading day using the navigation below.
PKR exchange-rate data is unavailable for this date. The international XAU/USD price is shown below; local-currency conversions for Pakistancan't be computed accurately for May 20, 1990 without a verified PKR/USD rate.
PKR / Troy Ounce
—
31.1035 g
PKR / Gram
—
1 g
PKR / Tola
—
11.664 g
All unit prices on May 20, 1990 — Pakistan
| Unit | Weight | PKR price |
|---|---|---|
| Troy ounce | 31.1035 g | — |
| Gram | 1.0000 g | — |
| 10 grams | 10 g | — |
| Kilogram | 1,000 g | — |
| Tola | 11.664 g | — |
Price action on May 20, 1990
1-day move
vs prior session
7-day move
rolling week
30-day move
rolling month
YTD
since 1 Jan 1990
Calendar position
Day 140 of 365
Trading day
119th of 312
Position in 1990's range
35% (low $345.90 → high $430.30)
The Pakistan gold market
Pakistan's retail gold trade is dominated by the All Pakistan Sarafa Gemmi & Jewellery Association (APSGJA). The standard quoted unit is the tola (11.664 g) and 24-karat purity. Local prices typically sit a few percent above international spot due to import duties, sales tax (currently 17%), and dealer making charges (3–8%). The State Bank of Pakistan periodically auctions gold reserves which can cause short-term price action divergent from international spot.
Standard quote unit
tola
Common purity
24K
Currency
PKR (Rs)
May 20 in other years — Pakistan
May 20, 1990 gold price in other countries
How this May 20, 1990 Pakistan price is calculated
International benchmark. The XAU/USD spot price for May 20, 1990 comes from gold-api.com's historical archive — the London PM-fix benchmark, which is the reference used by central banks and bullion dealers globally. On this date, that price was $375.20/oz.
Currency conversion. The PKR/USD exchange rate for the same date comes from exchangerate-api.com. We apply that day's exact rate (—) to the USD price — not a year-average or month-end approximation. This makes the Rs figure on this page accurate to the trading session.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417). We never compound rounding errors by going through intermediate units.
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Pakistan, add the country-specific levies described in the “Pakistan gold market” section above. The retail rate at a jeweller in Pakistan on May 20, 1990 would have been a few percent above this number once those costs are included.
FAQ — Pakistan gold price on May 20, 1990
What was the gold price in Pakistan on May 20, 1990?
Pakistan historical archive for May 20, 1990 — exact prices may be unavailable if the date fell on a market holiday.
What was the 24K gold rate per tola in Pakistan on May 20, 1990?
Tola-based 24K gold rate computation requires both the day's XAU/USD spot and PKR/USD FX, one of which is missing for this date.
What was the 24K gold rate in Pakistan on May 20, 1990?
Retail karat rate for this date is unavailable.
How accurate is this number versus what jewellers were quoting?
The Rs figure on this page is the verified international XAU/USD spot price for May 20, 1990 multiplied by the day's exchange rate. It represents the pure metal value at international parity — what a London-fix benchmark would have implied. Local jewellers add (1) import duties + sales tax / VAT, (2) dealer making charges (typically 3–12% of metal value), and (3) any premium for purity certification. Final retail rates in Pakistan typically sit a few percent above this number.
Was May 20, 1990 a trading day?
Yes — May 20, 1990 was the 119th trading session of 312 for 1990 on the international gold market. Sundays are typically active trading days unless they fall on a major holiday.
Want today's rate in Pakistan? See live gold prices in Pakistan with minute-by-minute updates and full karat breakdowns. To compare this archive figure against the live rate, that's where to go.
Different unit on this same date? The USD-only daily archive for May 20, 1990 includes per-day prices in 100+ other currencies and is the canonical reference page for this date.
Browse the archive. Step through every day of May 1990 in Pakistan, see the full 1990 archive, or use our tola, gram and karat calculators for live calculations against today's rate.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested date, converted to PKR at the same day's exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Pakistan before transacting.