On Tuesday, the price of 24-karat gold per tola dropped to Rs212,000.
For those interested in smaller quantities, the prices remain attractive. Currently, 10 grams of 24-karat gold are available for Rs181,756, and 10 grams of 22-karat gold can be purchased for Rs166,609.
This shift in gold prices is primarily attributed to a significant change in the value of the US dollar, underscoring the relationship between currency values and gold prices. Reports mainly from Karachi and Multan suggest this connection.
On the international stage, gold prices have been on a downward trend, with the current rate standing at $1,992 per ounce.
It's important to note that gold prices in Pakistan can fluctuate significantly throughout the day, depending on global market trends.
