KARACHI: Gold Prices in Pakistan continued to rise on Thursday. The price of gold increased by Rs4,200 per tola.
The latest increase pushed the price to Rs463,936 per tola. Strong international bullion prices provided fresh support to the local market.
According to the latest market rates, 10 grams of gold also became more expensive. Its price increased by Rs3,601 to reach Rs397,750.
The local market followed gains in international bullion prices. Global gold prices increased by $42 to reach $4,415 per ounce.
The reported international rate also included a $20 premium. Global market movements continue to influence bullion rates in Pakistan.
24-Karat Gold Rates
The price of 24-karat gold stood at Rs463,936 per tola. The rate for 10 grams reached Rs397,750.
These rates reflect the latest increase in the domestic bullion market. Buyers and sellers are closely monitoring international price movements.
22-Karat, 21-Karat and 18-Karat Gold Rates
The price of 22-karat gold stood at Rs425,275 per tola. Its rate for one gram was Rs36,460.
The price of 22-karat gold for 10 grams reached Rs364,604. The per-ounce rate stood at Rs1,134,047.
The 21-karat gold rate reached Rs405,944 per tola. Its price for one gram stood at Rs34,803.
The rate for 10 grams of 21-karat gold was Rs348,031. The per-ounce price reached Rs1,082,501.
Meanwhile, 18-karat gold was priced at Rs347,952 per tola. Its rate for one gram was Rs29,831.
The price of 18-karat gold for 10 grams stood at Rs298,312. Its per-ounce rate was recorded at Rs927,851.
Lahore Gold Rates
The Lahore market also reported high gold rates. Gold was quoted at Rs463,550 for selling.
The reported Pathoor rate in Lahore stood at Rs460,000. Market rates can vary slightly between locations and dealers.
Karachi Gold Market Rates
Karachi also recorded strong bullion prices. The reported selling rate for gold stood at Rs463,500.
The Tezabi selling rate was recorded at Rs7,111. The selling rate for a one-kilogram gold bar stood at Rs6,800.
The latest Gold Prices show the continued impact of global bullion trends on Pakistan’s market. International price movements often influence domestic gold rates.
Investors and consumers are closely watching the global market. Further changes in international bullion prices could affect local rates.
In other news read more about Gold Prices Rise for Fourth Consecutive Day in Pakistan
The latest rise keeps gold prices on an upward path in Pakistan. Market participants are expected to monitor global developments for further direction.
