Gold prices in Pakistan experienced a slight decline, with the 24-karat gold falling to Rs212,000 per tola, and the 22-karat variant being priced at Rs194,333 per tola on Thursday. Even in smaller quantities, the attractiveness of these prices remained, with 10 grams of 24-karat gold at Rs181,756 and 22-karat gold at Rs166,609. These changes are closely linked to fluctuations in the US Dollar value, illustrating the interconnection between currency values and gold prices. On a global scale, the current price of gold is at $2,031 per ounce.
It's worth noting that gold prices in Pakistan can undergo significant variations throughout the day, influenced by trends in the global market. The provided rates are obtained from reliable sources, primarily located in Karachi and Multan. For the most recent and accurate gold rates, it is advisable to consult with local gold merchants and jewellers. Staying well-informed about the dynamic nature of gold prices in Pakistan is crucial for individuals keeping an eye on market trends.
Credit: Independent News Pakistan (INP)