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Gold Rates Stay Above Rs 5 Lakh per Tola in Pakistan

Gold Rates Stay Above Rs 5 Lakh per Tola in Pakistan

Gold prices in Pakistan remain high and volatile as international market pressure continues to impact local bullion rates across major cities.

According to the latest market updates, the price of 24K gold per tola is around Rs 505,495 in Pakistan, while 10 grams of 24K gold is around Rs 433,390.

For 22K gold, the rate is approximately Rs 461,079 per tola, making it the most commonly used gold for jewellery in local markets.

In recent weeks, gold prices have seen both ups and downs. Earlier fluctuations included a sharp drop of over Rs 43,000 per tola, showing how unstable the market has been.

Market experts say the main reason behind these price movements is global uncertainty, changes in the US dollar, and shifting demand from investors who treat gold as a safe asset.

In cities like Karachi, Lahore, and other major markets, jewellers confirm that buying activity is slow as customers wait for prices to stabilize.

Overall, gold is still trading at very high levels, and analysts expect continued volatility in the coming days depending on international economic conditions.

Also read: Gold Prices Surge in Pakistan Following Market Rally

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Kabeer

Sports news editor focused on football, tournaments, and player updates. Known for fast, factual, and well-structured reporting.
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Kabeer

News Writer
Sports news editor focused on football, tournaments, and player updates. Known for fast, factual, and well-structured reporting.

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