F.P. Report
ISLAMABAD: The gold rates in Pakistan witnessed a significant decline. The 24-karat gold saw a dip, now priced at Rs217,000 per tola, while the 22-karat variant is available at Rs198,917 per tola on Monday.
Even in smaller amounts, these prices were still attractive, with 10 grams of 24-karat gold costing Rs186,043 and 22-karat gold costing Rs170,539. These fluctuations are closely tied to changes in the value of the US Dollar, highlighting the link of currency values and gold prices.
On a global scale, the price of gold has seen a rise, currently standing at $2,087 per ounce.
It’s noteworthy that gold prices in Pakistan can undergo significant variations throughout the day, influenced by trends in the global market.
The provided rates are obtained from reputable outlets, primarily located in Karachi and Multan.
For the most recent and accurate gold rates, it is advisable to check with local gold merchants and jewellers.
Staying informed about the dynamic nature of gold prices in Pakistan is crucial for those keeping an eye on market trends.
