Gold is a valuable asset and its prices often fluctuate. Recently, the gold price in Pakistan has seen a notable rise. Let’s dive into the latest updates and understand what this means for gold investors in the country.
Current Gold Price in Pakistan
The gold price in Pakistan surged on Monday. The cost of 24-karat gold is now Rs242,000 per tola, reflecting an increase of Rs500. This price adjustment is significant considering the current economic conditions.
Price Details and Comparisons
The Karachi Sarafa Association announced the new rates. They reported that the 24-karat gold price per 10 grams is Rs207,476, marking an increase of Rs429. For 22-karat gold, the price stands at Rs190,186 per 10 grams.
Silver Prices Remain Stable
While gold prices have gone up, silver prices stayed the same in the domestic market. The price for 24-karat silver is Rs2,850 per tola and Rs2,443 per 10 grams.
Global Gold Market Trends
On a global scale, spot gold traded near $2,325 an ounce. This is an increase of $6.5 or 0.28% from the previous session, indicating a positive trend.
Price Comparison Table
| PKR (24-karat per tola) | Jun 24, 2024 | Jun 22, 2024 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 242,000 | 241,500 | 500 | 2,000 | 26,000 | 22,000 |
| Silver | 2,850 | 2,850 | 0 | 50 | 300 | 170 |
Conclusion
The recent increase in gold prices in Pakistan highlights the dynamic nature of the market. Investors should stay informed about such changes. For regular updates, visit Daily Gold Signal. You can also check out the Daily Gold Update for more detailed insights.
By understanding these trends, investors can make better decisions and potentially maximize their returns. Stay tuned for more updates and keep an eye on the gold market.
