On Thursday, the latest data from the bullion market reveals that the current rate for 24-karat gold stands at Rs190,000 per tola, while those interested in 22-karat gold can acquire it at Rs174,167 per tola. For individuals seeking smaller quantities, 10 grams of 24-karat gold are now priced at Rs162,894, and 10 grams of 22-karat gold can be obtained for Rs149,320. It's noteworthy that the price of pure gold in Pakistan has witnessed a continuous decrease. It's important to highlight that gold rates in Pakistan can fluctuate multiple times throughout the day, responding to global market trends. These rates are sourced from reliable outlets, primarily located in Karachi and Multan.

However, there has been a void in official gold rates released by the All Pakistan Jewelers Association, which typically provides daily gold prices, since September 5, 2023. This absence of official rates has left consumers visiting jewelry shops in a state of confusion.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)