Gold prices in Pakistan surged further on Saturday, driving the cost of 24-karat gold to Rs230,200 per tola, marking a significant increase of Rs1,600. Dealers noted a corresponding rise in the price of 10 grams of 24-karat gold, which climbed by Rs1,372 to trade at Rs197,360. Similarly, the price of 10 grams of 22-karat gold also experienced an upward trend, reaching Rs180,913.
These fluctuations are closely tied to changes in the value of the US Dollar, highlighting the intricate relationship between currency values and gold prices. This underscores the impact of global economic factors on local gold markets.
Meanwhile, the price of 24-karat silver remained stable at Rs2,600. Internationally, gold prices received another boost, rising by $18 to reach $2,198 per ounce.
It’s important to note that gold rates in Pakistan can fluctuate significantly throughout the day, influenced by trends in the global market. The provided gold rates are obtained from reliable sources, primarily based in Karachi and Multan.
For the most current and accurate information on gold prices, individuals are encouraged to consult local gold merchants and jewellers.
