The gold prices Pakistan has recently shown a noticeable increase. On Tuesday, the price of 24-karat gold jumped to Rs241,000 per tola, marking a Rs700 rise. This surge follows a period of stability and reflects a dynamic change in the market.
Recent Gold Price Trends
In the past week, gold prices Pakistan experienced a slight recovery. The cost of 24-karat gold increased by Rs300, bringing the price to Rs240,300 per tola. This upward trend has been a welcome change for investors and gold enthusiasts alike.
Current Gold and Silver Prices
The Karachi Sarafa Association reports that the price of 24-karat gold has risen by Rs600, reaching Rs206,619 per 10 grams. In contrast, the price of 22-karat gold stands at Rs189,400 per 10 grams.
Silver prices have remained stable, with 24-karat silver priced at Rs2,900 per tola and Rs2,486.28 per 10 grams. This stability contrasts with the fluctuations seen in gold prices.
Global Gold Market Overview
Globally, spot gold is trading around $2,331.69 per ounce. This represents a 0.81% decrease from the previous closing value. The market’s uncertainty about potential interest rate changes by the Federal Reserve has led to a decline in gold prices internationally.
Conclusion
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