Gold Prices Surge in Pakistan Amid Global Market Fluctuations

On April 15, 2024, the price of gold in Pakistan saw a rise, with the per tola price of 24 karat gold increasing by Rs 800 to reach Rs 247,300. Similarly, the price of 10 grams of 24 karat gold went up by Rs 686, reaching Rs 212,020. The price of 10 grams of 22 karat gold also experienced an increase, reaching Rs 194,351.

Contrary to the gold prices, the prices of silver remained stable, with the per tola and ten gram silver prices staying constant at Rs 2,650 and Rs 2,271.94, respectively.

Internationally, the price of gold also saw an increase, rising by $8 to reach $2,371.

Gold prices are influenced by various factors such as global economic conditions, geopolitical tensions, and demand-supply dynamics. Investors often turn to gold as a safe-haven asset during times of uncertainty, which can drive up prices.

The recent increase in gold prices in Pakistan reflects the ongoing fluctuations in the global market. Investors and consumers alike will be closely monitoring these price movements to make informed decisions regarding their investments and purchases.