Gold rates in Pakistan experienced a decline on Saturday, following a previous day’s increase. The price of 24-karat gold dropped to Rs244,400 per tola, down Rs600 from the previous day.
Similarly, the price of 10 grams of 24-karat gold decreased by Rs514 to Rs209,534. However, the price of 10 grams of 22-karat gold rose to Rs192,072.
These fluctuations are tied to changes in the value of the US dollar, highlighting the strong connection between currency values and gold prices. This demonstrates how global economic conditions impact local gold markets.
Meanwhile, the price of 24-karat silver remained steady at Rs 2,650. Internationally, the gold price fell by $6 to $2,337 per ounce.
Read More: Gold prices surge in Pakistan – check new rates
It’s important to note that gold rates in Pakistan can change significantly throughout the day, influenced by global market trends.
The rates provided are sourced from reliable sources, mainly in Karachi and Multan. For the latest and most accurate information on gold prices, individuals should consult local gold merchants and jewelers.
