The price of 10 grams of 24-karat gold, which has increased by Rs343 to trade at Rs206,276, has also decreased, according to dealers. In addition, the cost of ten grams of 22-karat gold showed a declining tendency, closing at Rs189,086.
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.
24-karat silver dropped in value by Rs20, closing at Rs2,800. The price of gold increased by $4 on a global scale as well, to $2,332 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.
