On Tuesday, the volatile gold market in Pakistan experienced another increase of Rs700, bringing the price of 24-karat gold to Rs216,100 per tola.
Gold dealers reported a rise of Rs600 in the rate of 10 grams of 24-karat gold, now being sold at Rs185,271.
Furthermore, the price of 10 grams of 22-karat gold remained stable at Rs169,832 on Tuesday.
These fluctuations are closely linked to changes in the value of the US Dollar, emphasizing the intricate relationship between currency values and gold prices.
Also Read: Rupee faces another setback against US Dollar
The price of 24-karat silver remained steady at Rs2,600.
On the global stage, the price of gold increased by a marginal $7, settling at $2,057 per ounce.
It's important to note that gold rates in Pakistan can undergo significant variations throughout the day, influenced by trends in the global market.
The provided rates are sourced from reliable outlets, primarily located in Karachi and Multan.
For the latest and most accurate gold rates, it is recommended to consult with local gold merchants and jewellers.
Staying well-informed about the dynamic nature of gold prices in Pakistan is crucial for individuals interested in keeping abreast of market trends.
