Gold Prices Rise in Pakistan Despite International Market Dip
KARACHI – Despite a decline in international market rates, gold prices in Pakistan witnessed an increase on Friday.
The value of gold, often referred to as the “yellow metal,” surged by Rs300 per tola (24 carats), and the rate for 10 grams also experienced a rise of Rs257.
While internationally, the value of this precious metal dipped by $6, settling at $1,994 per ounce.
Recent times have seen fluctuations in the value of this safe-haven commodity on the global market. Its value has remained volatile, reflecting the ongoing uncertainty and heightened inflation rates.
Following these recent adjustments, the per tola price for gold now stands at Rs225,300, and the rate for 10 grams is Rs193,160.
This local uptick in gold prices demonstrates a unique dynamic within Pakistan, even amid broader international trends.