White gold is an indispensable material in Pakistan, often known as damaan gul, the “white of Pakistan.” It has grown increasingly popular over time due to its gorgeous luster and ability to be transformed into stunning jewelry pieces. While similar in properties to yellow gold, white gold boasts its special white hue making it an attractive alternative. In this interesting post, we will look at what white gold is; what its current price in Pakistan is; the types available; factors affecting its price, and the differences between white gold and yellow gold.
What Is White Gold?
White gold is a precious alloy of pure gold mixed with other white metals such as palladium, silver, or nickel to produce its characteristic white hue. To further improve its look and durability, rhodium, an even rarer and precious metal, is then applied over its surface, giving it an even brighter white shine.
Current White Gold Price in Pakistan
As per recent data available, white gold prices in Pakistan vary depending on its karat purity. Per tola (11.166 grams), these are its prices. However, the price of 22-Karat White Gold is Rs.142,748 while 24Karat White Gold costs Rs166500 in Pakistan.
| Karat | Price Per Tola |
|---|---|
| 18K White Gold | Rs. 119,000 |
| 22K White Gold | Rs. 159,575 |
| 24K White Gold | Rs. 188,000 |
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Types of White Gold in Pakistan
Types of White Gold Available Pakistan boasts various grades of white gold based on karat purity: 22K White Gold is readily available while 24K White Gold costs more.
18-Karat White Gold
This metal contains 75% pure gold and 25% other white metals, making it an attractive option for jewelry applications due to its higher durability compared to higher-karat options.
22-Karat White Gold
22-karat white gold contains 91.67% pure gold and 8.33% other white metals, creating a balance between purity and strength that makes it suitable for intricate designs as well as everyday wear.
24-Karat White Gold
24-karat white gold comprises 99.99% pure gold with minimal amounts of other white metals added for its stunning appearance, but its soft nature may render it inappropriate for jewelry that requires frequent wear and tear.
Factors Affecting White Gold Pricing in Pakistan
White gold prices in Pakistan can be affected by various factors, including:
Global Gold Prices
Global market conditions highly influence white gold prices in Pakistan, and fluctuations can have an immediate effect on its price.
Currency Exchange Rates
Fluctuations in currency exchange rates can also affect the local price of gold in Pakistan since it is typically traded globally in US dollars.
Supply and Demand
Supply and demand dynamics within the jewelry market play an integral part in determining white gold prices. An increase in demand could potentially drive prices up, and vice versa.
Manufacturing Costs
The costs associated with producing white gold can have an effectful effect on its price; from raw material costs and refining processes to shipping fees.
Taxes and Duties
Government taxes and import duties on gold can have a dramatic effect on its retail price in Pakistan.
What are the uses of White Gold?
White gold is a versatile metal that finds various applications in the jewelry industry. Its unique properties and stunning appearance make it a popular choice for crafting exquisite pieces. Some of the common uses of white gold include:
- Jewelry Crafting: White gold can be used to craft an assortment of jewelry items, including rings, necklaces, bracelets, earrings, and pendants.
- Wedding Bands and Engagement Rings: White gold wedding bands and engagement rings have quickly become an elegant, contemporary alternative to more classic yellow gold rings.
- Luxury Watches: White gold is a preferred material for luxury watch cases and bracelets due to its luxurious appearance and resistance to tarnishing.
- Artistic and Custom Designs: Jewelers can use white gold to craft intricate and artistic designs on jewelry pieces for unique and personalized pieces of jewelry.
- Fashion Accessories: White gold can add sophistication to formal attire when used for fashion accessories such as cufflinks, tiepins, and brooches.
How Can White Gold Differ From Yellow Gold?
- Color: Yellow gold stands out with its traditional yellow hue, while white gold features a more silvery-white tone.
- Composition: Yellow gold is composed entirely of pure gold, which gives it its distinctive hue. White gold on the other hand is an alloy composed of pure gold combined with other white metals such as nickel.
- Rhodium Coating: White gold can benefit from being coated with rhodium to enhance its brilliance and protect it against scratches, while yellow gold does not need this special protection.
- Suitability for Jewelry: Because of its strength and durability, white gold is often preferred when crafting intricate jewelry designs; yellow gold may not be ideal as delicate pieces may cause it to crack more easily.
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Overall Conclusion
White gold has become a sought-after metal in Pakistan due to its unique appearance and versatility in jewelry design. Its value is closely linked to global gold prices and local market dynamics. With different karat purities available, consumers can choose the right white gold to suit their preferences and budget. As the popularity of white gold continues to grow, it remains an essential component of Pakistan’s jewelry industry.
Frequently Asked Questions (FAQs)
The price of white gold can vary depending on its karat purity and market demand. In some cases, it may be more expensive than yellow gold due to the additional metals used in its composition.
While white gold is durable and resistant to tarnishing, its rhodium coating may wear off over time, revealing a slightly yellowish tinge. However, it can be easily re-plated to restore its white appearance.
White gold alloys typically do not cause skin allergies. However, some individuals may be sensitive to the metals used in the alloy, such as nickel. In such cases, it is best to opt for hypoallergenic white gold alloys.
Like any other gold ring, jewelers can resize white gold rings. However, if the ring has rhodium plating, they may need to re-plate it after resizing to maintain its white appearance.
The value of white gold is determined by its gold content and market demand. Both white gold and yellow gold can have significant value, but it depends on the current market conditions.