On Friday, the current rate for 24-karat gold is Rs188,000 per tola, while those interested in 22-karat gold can acquire it at Rs172,333 per tola. For individuals looking to purchase smaller quantities, 10 grams of 24-karat gold are now priced at Rs161,180, and 10 grams of 22-karat gold can be obtained for Rs147,748. It's important to highlight that the value of pure gold in Pakistan has been steadily declining. It's crucial to emphasize that the gold rates in Pakistan can vary several times during the day in response to global market trends. These rates are obtained from trustworthy sources, mainly based in Karachi and Multan.
However, there has been a gap in the official gold rates released by the All Pakistan Jewelers Association, which typically provides daily gold prices, since September 5, 2023. The lack of official rates has left consumers who visit jewelry shops feeling confused. Individuals closely monitoring the gold market are advised to remain vigilant as rates continue to fluctuate in response to global developments in the world of gold. Rest assured, we are committed to keeping our readers well-informed, and we will provide regular updates on the gold market in Pakistan. Stay tuned for the latest developments in gold prices.
Credit: Independent News Pakistan (INP)