Gold prices register decrease in Pakistan

Gold prices register decrease in Pakistan

The price of 24-karat gold per tola experienced a notable decrease, plummeting by Rs 1200 to reach Rs 212,100. If you were interested in 22-karat gold, it was available at a price of Rs 196,167 per tola. Even for those seeking to purchase smaller quantities, the prices remained attractive, with 10 grams of 24-karat gold priced at Rs 181,842.

This drop in gold prices can be attributed to a substantial increase in the value of the US dollar, highlighting the intricate relationship between currency values and gold prices. This information was primarily reported from Karachi and Multan.

On the global stage, gold prices have been on a downward trajectory, currently standing at $2,002 per ounce.

It's important to note that gold prices in Pakistan can fluctuate significantly throughout the day, influenced by global market trends.