As of Saturday, the price for 24-karat gold per tola reached Rs212,000. At the same time, people interested in 22-karat gold can secure it at Rs194,333 per tola. Even for those looking to purchase smaller quantities, the rates remain quite appealing. Currently, 10 grams of 24-karat gold are priced at Rs181,756, while 10 grams of 22-karat gold can be obtained for Rs166,609. This shift in gold prices can be attributed to a substantial move in the value of the dollar, underscoring the connection between currency values and the price of gold. On the international stage, gold prices have experienced a swing, with the current rate standing at $1,981 per ounce.
It's essential to keep in mind that gold rates in Pakistan can fluctuate multiple times throughout the day in response to global market dynamics. These rates are sourced from reliable outlets, primarily located in Karachi and Multan. For the most precise and up-to-date gold rates specific to your local market, we recommend consulting your nearby gold dealers and jewellers.
Credit: Independent News Pakistan (INP)