On Thursday, the gold rates in Pakistan showed stability, and 24-karat gold remained available for Rs241,300 per tola.
Dealers reported a similar trend in the price of 10 grams of 24-karat gold, which was available for Rs206,876 after witnessing a similar stability in its price. Furthermore, the price of 10 grams of 22-karat gold also displayed a similar trend and was available at Rs189,636.
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: Pakistan sees decrease in gold rates
The price of 24-karat silver remained stable at Rs2,750. Internationally, however, the gold price witnessed a rising trend of $3 and was available at $2,335 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.
