On Tuesday, gold rates in Pakistan witnessed a substantial drop, particularly in the 24-karat category, which fell to Rs219,400 per tola.
Even in smaller quantities, the attractiveness of these prices persisted, with 10 grams of 24-karat gold costing Rs188,100 and 22-karat gold at Rs172,425.
These changes are closely connected to changes in the value of the US Dollar, which shows how much money is worth and how much gold is worth.
Globally, the price of gold has seen a decline, currently standing at $2,057 per ounce.
It's essential to note that gold prices in Pakistan can undergo significant variations throughout the day, influenced by trends in the global market.
The provided rates are from reputable outlets, primarily situated in Karachi and Multan.
For the most up-to-date and accurate gold rates, it is advisable to consult local gold merchants and jewellers.
Remaining well-informed about the dynamic nature of gold prices in Pakistan is crucial for those keeping an eye on market trends.
