On Monday, the gold rates in Pakistan remained stable, the cost of 24-karat gold is trading at Rs240,300 per tola.
Dealers reported a similar trend in the price of 10 grams of 24-karat gold, which is now trading at Rs206,019. Furthermore, the price of 10 grams of 22-karat gold also showed similar strength to trade at Rs188,850.
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.
Read more: Gold rates in Pakistan witness massive dip
The price of 24-karat silver is currently standing at Rs2,820. Internationally also, the gold price was steady, trading at $2,326 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 jewelers.
