On Tuesday, the gold prices in Pakistan went up again, taking the cost of 24-karat gold to Rs229,400 per tola after reporting an increase of Rs1,200.
Dealers reported a similar hike in the price of 10 grams of 24-karat gold, which increased by Rs1,029 to now trade at Rs196,674. Furthermore, the price of 10 grams of 22-karat gold also saw an upward trend to trade at Rs180,284.
These movements are closely linked to changes in the value of the US Dollar, indicating the close relationship between currency values and gold prices. This underscores the impact of global economic factors on local gold markets.
Also Read: Gold prices in Pakistan remain stable
The price of 24-karat silver is currently stable at Rs2,580. Internationally also, the gold price saw a slight rise of $6, reaching $2,193 per ounce.
It's very important to recognize that gold rates in Pakistan can vary significantly throughout the day, influenced by trends in the global market. The provided gold rates are sourced from reputable sources, primarily based in Karachi and Multan.
For the most up-to-date and accurate information on gold prices, individuals are advised to consult local gold merchants and jewellers.
