Gold Rates in Pakistan register significant increase
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On Wednesday, the price of gold in Pakistan saw a rise of Rs900, reaching Rs216,500. This surge was attributed to an uptick in the international gold market, reflecting a broader trend in global prices.
Notably, gold prices in Pakistan exhibited fluctuations during this period, ultimately settling at Rs216,500 per for 24-karat gold. Simultaneously, the share market achieved a significant milestone, surpassing 58,000 points in trading.
For those considering smaller gold purchases, 10 grams of 24-karat gold were priced at Rs185,614, while the same quantity of 22-karat gold could be acquired for Rs170,146.
Meanwhile, in the international market, the price of gold experienced a notable increase of $11, reaching a total of $2,022. These interconnected movements highlight the dynamic nature of both domestic and global factors influencing the precious metal's value.
