The gold market in Pakistan witnessed another slight decrease on the first day of the new year of Rs300, with 24-karat gold sliding to Rs219,700 per tola.
Meanwhile, the allure of these prices persisted, as even the smaller quantities reported a decline in rates, with 10 grammes of 24-karat gold priced at Rs188,357.
Moreover, 10 grammes of 22-karat gold is currently available for Rs122,661.
These fluctuations are closely tied to changes in the value of the US Dollar, highlighting the intricate relationship between currency values and gold prices.
Also Read: Gold prices in Pakistan see slight decline
On the global stage, the current gold price remained stable at $2,082 per ounce.
It's noteworthy that gold rates in Pakistan can undergo significant variations throughout the day, influenced by trends in the global market.
The provided rates are sourced from reliable outlets, primarily situated in Karachi and Multan. For the latest and most accurate gold rates, it is recommended to consult with local gold merchants and jewellers.
