On Tuesday, the gold market in Pakistan witnessed an increase, resulting in higher gold prices across the board. The cost of 24-karat gold rose by Rs150, reaching Rs214,450 per tola.
Gold dealers also observed a corresponding increase in the rate of 10 grams of 24-karat gold, with a decrease of Rs128, now trading at Rs183,856. Furthermore, the price of 10 grams of 22-karat gold also saw a rise, reaching Rs168,535.
These fluctuations in gold rates are closely tied to changes in the value of the US Dollar, demonstrating the intricate relationship between currency values and gold prices. This connection highlights the impact of global economic factors on local gold markets.
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In contrast, the price of 24-karat silver stands at Rs2,570. Internationally, the global gold price remained stable at $2,042 per ounce.
It's important to note that gold rates in Pakistan can undergo significant changes throughout the day, influenced by trends in the global market. The provided gold rates are obtained from reliable sources, primarily located in Karachi and Multan.
For the latest and most accurate information on gold prices, individuals are advised to consult local gold merchants and jewelers.
