Gold prices in Pakistan register further increase
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The price of 24-karat gold per tola in Pakistan saw a significant increase, surging by a remarkable Rs800. This surge led to the recorded price of one tola of gold being set at Rs210,000.
Simultaneously, the cost of 10 grams of 24-karat gold also experienced a notable rise, with the new price set at Rs180,041 following an increase of Rs686. It's worth noting that the international market had its own gold price set at $2,000 per ounce.
Prior to these price adjustments, the Gems and Jewellers Association had introduced alterations to the method used for determining gold prices in Karachi. Specifically, they declared the inclusion of a $20 premium in the international gold rate.
On a global scale, gold prices remained relatively stable on Tuesday, maintaining a rate of $1,975 per ounce. It's important to be mindful of the fact that gold rates in Pakistan can fluctuate multiple times during the day in response to the ever-changing dynamics of the global market.
