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Karachi: Over the weekend, gold rates in Pakistan sees a massive hike, with the price of 24-karat gold reaching Rs245,100 per tola following a rise of Rs4900.
Similarly, the price of 10 grams of 24-karat gold rose by Rs 4200 to now stand at Rs 210,134. Additionally, the price of 10 grams of 22-karat gold also saw an increase, reaching Rs 192,622.
These fluctuations are closely tied to changes in the value of the US Dollar, highlighting the correlation between currency fluctuations and gold prices. This demonstrates the influence of global economic factors on local gold markets.
The current price of 24-karat silver stands at Rs 2,650. Internationally, the price of gold also experienced a rise of $ 44, reaching $ 2,350 per ounce.
It’s essential to note that gold rates in Pakistan can vary significantly throughout the day, influenced by global market trends. The provided rates are obtained from reliable sources, mainly in Karachi and Multan.
For the most accurate and up-to-date information on gold prices, individuals are encouraged to consult local gold merchants and jewellers.