Similar gains were recorded by dealers for 10 grams of 24-karat gold, which saw a rise of Rs 2,058 to trade at Rs 208,076. In addition, the cost of 10 grams of 22-karat gold increased to Rs190,736.
These fluctuations are strongly correlated with shifts in the US dollar’s value, demonstrating the tight connection between gold prices and exchange rates. This highlights the ways in which factors associated with the global economy affect local gold markets.
Additionally, the price of 24-karat silver increased by Rs100, closing at Rs2,900. The price of gold increased by $13 on a global scale to $2,352 per ounce.
It’s critical to understand that changes in the worldwide market can have a substantial impact on gold prices in Pakistan throughout the day. The gold rates that are offered are obtained from reliable sources, mostly situated in Karachi and Multan.
It is recommended that individuals seek the advice of nearby gold merchants and jewellers for the most precise and current information regarding gold prices.
