On Friday, gold rates in Pakistan exhibited a downward trend. The 24-karat gold saw a decline, reaching Rs218,000 per tola, while the 22-karat variant was priced at Rs199,833 per tola.
Even in smaller quantities, these prices maintained their appeal, with 10 grams of 24-karat gold at Rs186,900 and 22-karat gold at Rs171,325.
These fluctuations are closely linked to changes in the value of the US Dollar, highlighting the interconnected nature of currency values and gold prices.
On a global scale, the price of gold has witnessed a decline, currently standing at $2,040 per ounce.
It's noteworthy that gold prices in Pakistan can undergo significant variations throughout the day, influenced by trends in the global market.
The provided rates are obtained from reliable sources, primarily situated in Karachi and Multan.
For the latest and most accurate gold rates, it is advisable to consult local gold merchants and jewellers.
Remaining informed about the dynamic nature of gold prices in Pakistan is crucial for those keeping an eye on market trends.
