Gold Rates in Pakistan Fluctuate with Global Market Trends

Sohaib Rehman

Gold prices in Pakistan are influenced by frequent changes, driven by shifts in global market trends.

On Monday, the price for 24-karat gold per tola reached Rs209,000, and those interested in 22-karat gold can purchase it at Rs191,583 per tola.

Even for individuals looking to buy smaller quantities, the rates remain attractive. Currently, 10 grams of 24-karat gold are priced at Rs179,184, and 10 grams of 22-karat gold can be obtained for Rs164,252.

The fluctuation in gold prices is closely linked to a significant shift in the value of the dollar, emphasizing the relationship between currency values and gold prices.

On the international stage, gold prices have experienced a downward trend, with the current rate at $1,972 per ounce.

It’s important to note that gold prices in Pakistan can fluctuate significantly throughout the day, depending on global market trends. These rates are obtained from reliable sources, primarily located in Karachi and Multan.

For the most up-to-date and accurate gold rates, we recommend consulting your local gold merchants and jewelers.

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