On Saturday, the gold prices in Pakistan experienced a minor decrease, taking the cost of 24-karat gold to Rs243,500 per tola after reporting a price dip of Rs300.
Dealers reported a similar pull down in the price of 10 grams of 24-karat gold, which has gone down by Rs257 to now trade at Rs208,762. Furthermore, the price of 10 grams of 22-karat gold also saw a downward trend to trade at Rs191,365.
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.
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The price of 24-karat silver is currently standing at Rs2,650. Internationally also, the gold price saw a slight drop of $7, reaching $2,359 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.
