Tuesday, July 2, 2024 04:20 PM
Karachi Gold Prices Surge, Pakistan-Iran Collaboration
- Gold price in Karachi reaches $2320 per ounce
- Local market sees significant increase in gold prices
- Stable silver prices at Rs2650, no changes reported
Image Credits: Business RecorderThe price of gold surges in Karachi, reaching $2320 per ounce, impacting the local market. Silver prices remain stable. Pakistan and Iran issue a joint declaration for potential collaborations.
Karachi Gold Prices Surge as International Market Sees Increase
In a recent development, the price of gold has surged in Karachi, reaching $2320 per ounce with an $11 increase in the international bullion market. This rise has had a direct impact on the local market, with the per tola gold price climbing to Rs242,000, marking a significant increase of Rs1100. Similarly, the price for 10 grams of gold has also seen a rise, reaching Rs207,476 after an increase of Rs943.
On the other hand, the price of silver has remained stable at Rs2650, with no changes reported. The cost of 10 grams of silver also remains the same at Rs2371.94.
It is worth noting that amidst these market fluctuations, a joint declaration between Pakistan and Iran was issued following the visit of the President, indicating potential collaborations and agreements between the two nations.
