On Wednesday, the gold prices in Pakistan continued to uptrend, moving the cost of 24-karat gold to Rs229,500 per tola after reporting an increase of Rs100.
Dealers reported a similar upward trend in the price of 10 grams of 24-karat gold, which increased by Rs86 to now trade at Rs196,760. Furthermore, the price of 10 grams of 22-karat gold also saw an upsurge to trade at Rs180,363.
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.
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The price of 24-karat silver is currently stable at Rs2,580. Internationally also, the gold price saw a slight rise of $7, reaching $2,200 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.
