On Friday, gold rates in Pakistan surged once again, with the price of 24-karat gold reaching Rs 245,000 per tola after a Rs 2,500 increase.
Similarly, the price of 10 grams of 24-karat gold rose by Rs2,143 to trade at Rs210,048, while 10 grams of 22-karat gold saw a spike to Rs192,544.
These fluctuations are closely tied to changes in the US dollar’s value, highlighting the strong correlation between currency fluctuations and gold prices. This underscores how global economic shifts impact local gold markets.
Internationally, the price of gold also rose by $21 to reach $2,343 per ounce, mirroring the trend in Pakistan.
Read More: Gold rates rise in Pakistan: View updated prices for April 25th
It’s essential to note that gold rates in Pakistan can change significantly throughout the day, influenced by global market trends.
Therefore, individuals are encouraged to consult local gold merchants and jewelers for the most accurate and up-to-date information on gold prices. These rates are sourced from reliable sources, primarily based in Karachi and Multan.