The international price of gold has witnessed an upward trend over the past few days which ultimately affects the local price of gold in Pakistan.
According to the Sarafa Association, the per tola price increased by Rs700 to reach Rs216,100, while the price of 10-gram gold rose by Rs600 to close at Rs185,271.
In the international market, the precious metal’s price rose by $7 to $2,037 per ounce.
The All Sindh Sarafa Jewellers Association said that the price of 10 grams of 24-karat gold climbed by Rs.1,286 to Rs.184,671 from Rs183,385, while the price of 10 grams of 22-karat gold jumped to Rs.169,282 from Rs.168,103.
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These changes are strongly associated with shifts in the US dollar’s worth, featuring the complicated transaction between gold price and trade rates.
It is important that variances in the overall market can significantly affect gold prices in Pakistan over the day.
You can visit close by jewelers and gold vendors for the most exceptional and precise gold rates.
Assuming you have an interest in gold, it’s basic to monitor market developments so you might be ready to act admirably should the Pakistani gold market change.