The price of 10 grams of 24-karat gold, which has decreased by Rs1543 to trade at Rs204,818, has shown a similar upward trend, according to dealers. In addition, the price of ten grams of 22-karat gold showed an upward trend, trading at Rs 187,750.
These fluctuations are strongly correlated with shifts in the US dollar’s value, demonstrating the tight connection between gold prices and exchange rates. This emphasizes how local gold markets are impacted by variables related to the global economy.
At present, the cost of 24-karat silver is Rs 2,610. The price of gold increased significantly by $17 on a global scale as well, to $2,290 per ounce.
It’s crucial to understand that fluctuations in the global gold market can cause considerable fluctuations in Pakistani gold prices 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.
