On Friday, the volatile gold market in Pakistan experienced a slight increase of Rs400, bringing the price of 24-karat gold to Rs214,200 per tola.
Gold dealers reported a rise of Rs342 in the rate of 10 grams of 24-karat gold, now being sold at Rs183,642.
Furthermore, 10 grams of 22-karat gold saw an increase in price, reaching Rs168,338 on Friday.
These fluctuations are closely linked to changes in the value of the US Dollar, emphasizing the intricate relationship between currency values and gold prices.
The price of 24-karat silver remained steady at Rs2,600.
On the global stage, the price of gold increased by a marginal $5, settling at $2,040 per ounce.
It's important to note 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 located in Karachi and Multan.
For the latest and most accurate gold rates, it is recommended to consult with local gold merchants and jewellers.
Staying well-informed about the dynamic nature of gold prices in Pakistan is crucial for individuals interested in keeping abreast of market trends.
