Gold Rates in Pakistan register significant decrease

Gold Rates in Pakistan register significant decrease

On Saturday, gold rates in Pakistan witnessed a decline, with the 24-karat gold slipping to Rs215,600 per tola.

The appeal of these prices remained consistent even for smaller quantities, with 10 grams of 24-karat gold priced at Rs184,842 and 22-karat gold at Rs169,439.

These fluctuations are intricately tied to changes in the US Dollar value, underscoring the close relationship between currency values and gold prices.

On a global scale, the price of gold has experienced a modest drop, currently standing at $2,024 per ounce.

It is noteworthy that gold prices in Pakistan can exhibit meaningful variations throughout the day, influenced by trends in the global market.

The provided rates are sourced from reputable outlets, primarily from the All Pakistan Gem Merchants and Jewellers Association in Karachi.

For the most recent and accurate gold rates, it is advisable to consult local gold merchants and jewellers.