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Baner Club > Blog > Business > Pakistan’s gold prices rise on Tuesday.
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Pakistan’s gold prices rise on Tuesday.

Changes in gold rates are influenced by fluctuations in currency values and global trends

Last updated: 2024/02/27 at 12:35 PM
Published February 27, 2024
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On Tuesday, gold prices in Pakistan increased slightly, by Rs100. This increase influenced gold rates across the country, raising the price of 24-karat gold to Rs215,900 per tola.

Dealers reported a matching jump in the price of 10 grams of 24-karat gold, which increased by Rs86 and is now trading at Rs185,100. Similarly, the price of 10 grams of 22-karat gold increased, hitting Rs169,674.

These movements are strongly related to changes in the value of the US dollar, highlighting the complex relationship between currency values and gold prices. This highlights the impact of global economic variables on domestic gold markets.

In comparison, the price of 24-karat silver held steady at Rs2,570. Internationally, the worldwide gold price.

It is critical to know that gold prices in Pakistan can fluctuate dramatically throughout the day, affected by worldwide market movements. The gold rates offered are from reliable sources, particularly in Karachi and Multan.

Individuals should consult with local gold merchants and jewelers for the most current and accurate information on gold prices.

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