On Monday, gold prices in Pakistan experienced a slight uptick, with the rate for 24-karat gold rising by Rs500 to reach Rs242,000 per tola.
Similarly, the cost of 10 grams of 24-karat gold saw an increase of Rs429, bringing the price to Rs207,476. The price for 10 grams of 22-karat gold also rose, reaching Rs190,186.
These changes in gold prices are closely tied to fluctuations in the US Dollar, highlighting the strong connection between currency values and gold rates. This relationship emphasizes the influence of global economic conditions on local gold markets.
On the other hand, the price of 24-karat silver remained steady at Rs2,850. International gold prices also saw a minor increase of $8, with gold trading at $2,328 per ounce.
It’s important to note that gold prices in Pakistan can vary significantly throughout the day, driven by global market trends. The quoted rates are obtained from reliable sources, primarily in Karachi and Multan.
For the latest and most accurate gold price information, individuals are encouraged to check with local gold merchants and jewelers.
