On Thursday, the gold market in Pakistan witnessed a decrease of Rs1,800, with 24-karat gold sliding to Rs218,000 per tola.
According to gold dealers, 10 grammes of the 24-karat gold also declined by Rs1,543 and sold at Rs187,071.
These fluctuations are closely tied to changes in the value of the US Dollar, highlighting the intricate relationship between currency values and gold prices.
Meanwhile, 10 grammes of 22-karat gold was available for Rs171,482.
On the other hand, 24-karat of silver is available for Rs2,660 after losing Rs20 in its value. Also, 10 grammes of 24-karat silver is available for Rs2,280.52.
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On the global stage also, the gold price declined by $15 to settle at $2,066 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.
Remaining well-informed about the dynamic nature of gold prices in Pakistan is crucial for individuals keen on staying abreast of market trends.