As Pakistan embraces the dawn of a new year, the nation witnesses a significant benchmark in the gold market. The first day of 2024 announces a prominent gold rate, standing firm at Rs219,200 per tola for 24-carat gold.
A single tola of 24 Karat gold commands a price of Rs219,200, reflecting the stable trajectory in the market. Concurrently, the price for 10 grams of gold has reached Rs187,930, affirming the consistency in the precious metal’s value.
Read more:Gold rates drop in Pakistan, Dec 31
The market showcases varying rates for different karats: 22 Karat gold is listed at Rs200,932, while 21 Karat gold holds its value at Rs191,800 per tola. Additionally, 18 Karat gold maintains its position at Rs164,400 per tola, catering to diverse preferences in the market.
Amidst these national fluctuations, the international bullion market resonates with the momentum witnessed locally. The global market has observed an upsurge, reaching $2,066 on Monday, echoing the positive trend in gold prices.
The inaugural day of the year 2024 sets a promising tone for the gold market in Pakistan, solidifying its position as a pivotal player in the precious metals arena.