KARACHI: Gold prices in Pakistan continued to increase on Monday. The latest rise was supported by stronger international bullion prices.
The price of one tola of gold increased by Rs2,200. It reached Rs456,536 in the local market.
The price of 10 grams also moved higher. It increased by Rs1,887 to reach Rs391,406.
The latest Gold Rates reflect the continued strength in the domestic bullion market. International prices also recorded a notable increase.
Global gold prices rose by $22 to reach $4,341 per ounce. The reported international rate also included a $20 premium.
The movement in global prices has influenced the local market. Pakistan’s bullion prices often respond to changes in international gold rates.
24-Karat Gold Rates
The current price of 24-karat gold stands at Rs456,536 per tola. The price for 10 grams is Rs391,406.
These rates represent the latest reported market prices. They can change depending on international trends and local market conditions.
Gold Prices for Other Karats
The price of 22-karat gold was reported at Rs412,042 per tola. Its rate per 10 grams stood at Rs353,265.
Meanwhile, 21-karat gold was priced at Rs393,313 per tola. Its 10-gram price was recorded at Rs337,208.
The price of 18-karat gold reached Rs337,125 per tola. The rate for 10 grams stood at Rs289,035.
On a per-gram basis, 22-karat gold was priced at Rs35,327. The 21-karat rate stood at Rs33,721.
The 18-karat gold price was Rs28,904 per gram. Per-ounce prices also varied across different gold categories.
Lahore Gold Rates
Gold prices in Lahore also remained high. The reported selling price stood at Rs450,200.
Another quoted rate was Rs449,700. The Pathoor rate was reported at Rs445,000 and Rs443,000.
Local prices can vary between markets and dealers. Buyers are advised to confirm the latest rates before making transactions.
Karachi Market Rates
In Karachi, the reported gold selling price stood at Rs449,400. The market also recorded rates for different bullion products.
The Tezabi selling rate was reported at Rs6,750. The selling rate for a one-kilogram gold bar stood at Rs6,800.
The continued rise in Gold Rates shows the strong connection between global and domestic bullion markets. International price movements remain an important factor.
Further changes in global gold prices could influence local rates. Currency movements and market conditions may also affect future prices.
In other news read more about Gold Rate in Pakistan Rises Sharply by Rs. 5,100
For now, the latest Gold Rates show continued upward movement in Pakistan. Market participants will closely monitor international bullion trends for further changes.
