As of Wednesday, gold fans and investors in Pakistan are observing a notable drop in the price of the precious metal. The current rate for 24-karat gold stands at Rs197,000 per tola, while those interested in 22-karat gold can acquire it at Rs180,583 per tola.
For individuals seeking smaller quantities, the latest data from the bullion market indicates that 10 grams of 24-karat gold are now priced at Rs168,896, and 10 grams of 22-karat gold can be obtained for Rs154,821.
It’s essential to note that gold rates in Pakistan are subject to multiple fluctuations throughout the day, responding to global market trends. These rates are sourced from reliable outlets, primarily located in Karachi and Multan.
However, it’s worth mentioning that the All-Pakistan Jewelers Association, which releases daily gold prices, has refrained from doing so since September 5, 2023. This absence of official gold rates has left customers and investors visiting jewelry shops in a state of confusion.
For those closely monitoring the gold market, it’s advisable to stay updated, as rates continue to fluctuate in response to global developments within the world of gold.
We remain committed to keeping our readers well-informed about the latest developments in the gold market in Pakistan.
