Tuesday, July 2, 2024 03:42 PM
Gold Prices Surge in Pakistan, Reflecting Global Market Trends
- 24 karat gold price in Pakistan rises by Rs.500 per tola
- 10 grams of 24 karat gold price increases by Rs.429
- Silver prices remain stable amidst gold price surge
Image Credits: Mettis GlobalGold prices in Pakistan witnessed a significant surge, influenced by global market trends. While 24 karat gold prices increased, silver prices remained stable. Investors need to closely monitor these fluctuations for informed decisions.
On Thursday, the price of gold in Pakistan saw a rise, with the per tola price of 24 karat gold increasing by Rs.500 to reach Rs.242,500. This marked a significant increase from its previous sale price of Rs.242,000 on the last trading day. Similarly, the price of 10 grams of 24 karat gold also went up by Rs.429 to Rs.207,905 from Rs.207,476. The prices of 10 grams of 22 karat gold also experienced an increase, reaching Rs.190,580 from Rs.190,186, as reported by the All Sindh Sarafa Jewellers Association.
Despite the increase in gold prices, the price of silver remained unchanged, with the per tola and ten gram prices staying at Rs.2,650 and Rs.2,271.94 respectively. In the international market, the price of gold also saw a slight increase of $2, reaching $2,322 from $2,320, according to the association.
The rise in gold prices in Pakistan reflects the fluctuations in the global market. Investors and consumers alike will need to monitor these changes closely to make informed decisions regarding their gold investments and purchases.
