On Saturday, the gold prices in Pakistan saw some stability, as 24-karat gold was being traded at Rs234,800 per tola after not reporting any change in its price.
Dealers reported a similar trend in the price of 10 grams of 24-karat gold, which was being traded at Rs201,303. Furthermore, the price of 10 grams of 22-karat gold also saw no change and traded at Rs184,528.
These movements are closely linked to changes in the value of the US Dollar, indicating the close relationship between currency values and gold prices. This underscores the impact of global economic factors on local gold markets.
Also Read: Gold prices surge by Rs 3,800 per tola in Pakistan
The price of 24-karat silver is currently stable at Rs2,600. Internationally also, the gold price saw the same stable trend and the yellow metal was traded at $2,254 per ounce.
It's very important to recognize that gold rates in Pakistan can vary significantly throughout the day, influenced by trends in the global market. The provided gold rates are sourced from reputable sources, primarily based in Karachi and Multan.
For the most up-to-date and accurate information on gold prices, individuals are advised to consult local gold merchants and jewellers.