On Monday, the gold prices in Pakistan remains steady, 24-karat gold trading at the rate of Rs228,200 per tola.
Dealers reported a similar trend in the price of 10 grams of 24-karat gold, stands at Rs195,645. Furthermore, the price of 10 grams of 22-karat gold also remained stable, trading at Rs179,341.
These movements are closely linked to changes in the value of the US Dollar, indicating the close relationship between currency values and gold prices. This underscores the impact of global economic factors on local gold markets.
Read more: Pakistani Rupee strengthens against US Dollar
The price of 24-karat silver is currently standing at Rs2,580. Internationally, the gold price saw a minor rise of $2, reaching $2,187 per ounce.
It's very important to recognize that gold rates in Pakistan can vary significantly throughout the day, influenced by trends in the global market. The provided gold rates are sourced from reputable sources, primarily based in Karachi and Multan.
For the most up-to-date and accurate information on gold prices, individuals are advised to consult local gold merchants and jewellers.