Tuesday saw an increase in Pakistan’s gold prices, with 24-karat gold now costing Rs241,000 a tola, up Rs700 from the previous day.
Similar increases were noted by dealers for the price of 10 grams of 24-karat gold, which is currently trading at Rs206,619 after rising by Rs 600. In addition, the cost of ten grams of 22-karat gold increased to trade at Rs189,400.
These fluctuations are strongly correlated with shifts in the US dollar’s value, demonstrating the tight connection between gold prices and exchange rates. This emphasizes how local gold markets are impacted by variables related to the global economy.
The current price of 24-karat silver is 2,820 rupees. Gold saw a $10 price increase internationally as well, reaching $2,336 per ounce.
It’s crucial to understand that fluctuations in the worldwide market can cause considerable fluctuations in gold rates in Pakistan throughout the day. The gold prices listed are from reliable sources, mostly located in Karachi and Multan.
People are urged to speak with nearby jewelers and gold merchants for the most accurate and up-to-date information on gold pricing.
