In Wednesday's market update, the 24-karat gold reached Rs217,000 per tola, while the 22-karat gold was priced at Rs198,917 per tola. Even in smaller quantities, the prices remained attractive, with 10 grams of 24-karat gold at Rs186,043 and 22-karat gold at Rs170,539. There is an inherent connection between currency values and gold prices that is underscored by the significant changes in the dollar's value. Globally, the price of gold has seen a decline, currently standing at $2,043 per ounce. It's crucial to highlight that gold prices in Pakistan can undergo notable variations throughout the day, influenced by trends in the global market.

The provided rates originate from reputable sources, primarily situated in Karachi and Multan. For the most up-to-date and accurate gold rates, it is advisable to consult local gold merchants and jewellers. Staying informed about the dynamic nature of gold prices in Pakistan is essential for those tracking market trends.

 
Credit: Independent News Pakistan (INP)