In the local market, gold prices exhibited stability on Tuesday. The priceof 24-karat gold in Pakistan experienced a slight decrease of Rs400 pertola, settling at Rs209,200.
The Karachi Sarafa Association confirmed that the cost of 10-gram 24-karatgold concluded at Rs179,355, marking a decrease of Rs343 at the closing.Meanwhile, 10-gram 22-karat gold was priced at Rs164,409, down by Rs314compared to the previous day.
In contrast, the silver rate remained unchanged in the domestic market,with both 24-karat silver and 10-gram 24-karat silver closing at Rs2,550and Rs2,186.21, respectively.
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A noteworthy development in the domestic gold market was the agreementreached by the president of the All-Pakistan Sarafa Gems and JewellersAssociation (APSGJA) with all provinces. According to the agreement, apremium of $20 would be added to the international gold price for unifieddomestic gold rate calculations.