Dealers said that the price of 10 grams of 24-karat gold, which is currently Rs195,645, was following a similar trajectory. In addition, the cost of 10 grams of 22-karat gold was constant at Rs179,341.
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 2,580. Globally, the price of gold increased marginally by $2 to $2,187 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 based in Karachi and Multan.
For the most up-to-date and accurate information on gold prices, individuals are advised to consult local gold merchants and jewellers.