i NEWS PAKISTAN

Gold rates in Pakistan reflect upward trendBreaking

December 07, 2023

Gold rates in Pakistan experienced a slight increase, with the 24-karat gold reaching Rs212,500 per tola and the 22-karat variant priced at Rs194,792 per tola. Even in smaller quantities, the attractiveness of these prices remained evident, with 10 grams of 24-karat gold at Rs194,792 and 22-karat gold at Rs167,003. These fluctuations are directly linked to changes in the US Dollar value, elaborating the link of currency values and gold prices. Globally, the price of gold has seen a modest rise, currently standing at $2,025 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 gathered from reputable sources, primarily based in Karachi and Multan. For the most up-to-date and accurate gold rates, it is advisable to consult local gold merchants and jewellers. Remaining informed about the dynamic nature of gold prices in Pakistan is essential for those keeping an eye on market trends.

 
Credit: Independent News Pakistan (INP)