Gold price fluctuations in Pakistan have recently shown notable fluctuations, reflecting various local and global factors. Staying informed about these changes is crucial for investors and anyone interested in the gold market. This article provides an overview of the latest updates on gold and silver prices in Pakistan.
Recent Changes in Gold Prices
On Monday, the gold price fluctuations in Pakistan experienced a slight increase. The cost of 24-karat gold rose to Rs252,700 per tola, up by Rs200 from the previous rate. This adjustment highlights a recent upward trend in gold prices.
According to the Karachi Sarafa Association, the price for 24-karat gold is now Rs216,650 per 10-gram, reflecting an increase of Rs172. Additionally, 22-karat gold prices have risen to Rs198,595 per 10-gram. These changes indicate a positive movement in the gold market.
Stability in Silver Prices
In contrast to gold, silver prices in Pakistan have remained stable. Currently, 24-karat silver is priced at Rs2,860 per tola and Rs2,452 per 10-gram. This stability suggests a period of calm in the silver market compared to the more dynamic gold prices.
Global Market Impact
Globally, spot gold was trading at approximately $2,390 per ounce, marking a decrease of $6.5 or 0.27% from the last trading session. International market trends often influence local gold prices, reflecting broader economic conditions.
Comparative Price Overview
Here is a comparison of gold and silver prices in Pakistan as of the latest update:
| Item | Jul 29, 2024 | Jul 27, 2024 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 252,700 | 252,500 | 200 | 11,000 | 11,000 | 32,700 |
| Silver | 2,860 | 2,860 | 0 | 10 | 10 | 180 |
For more information and daily updates on gold prices, visit Daily Gold Signal. For detailed daily gold updates, check out the daily gold update category.
