On Monday, the gold rates in Pakistan showed no movement, and the cost of 24-karat gold remained Rs239,400 per tola.
Dealers reported a similar stable trend in the price of 10 grams of 24-karat gold, which was available for Rs205,247. Furthermore, the price of 10 grams of 22-karat gold also displayed a similar stability at Rs188,143.
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 huge decline
The price of 24-karat silver also remained stable at Rs2,750. Internationally, the gold price witnessed the same rate as a day before, which was $2,292 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.