Gold rates in Pakistan have seen a significant increase at the start of the week, with 24-karat gold per tola remaining at Rs. 359,500. The price for 10 grams of 24-karat gold has also climbed to Rs. 308,213, reflecting a steady rise in the precious metal’s market value.
Gold Rates in Pakistan Today
In major cities across Pakistan, the gold prices are as follows:
- Karachi: Rs. 359,500 per tola, Rs. 307,784 per 10 grams
- Lahore: Rs. 359,500 per tola, Rs. 307,784 per 10 grams
- Islamabad: Rs. 359,500 per tola, Rs. 307,784 per 10 grams
- Multan: Rs. 359,500 per tola, Rs. 307,784 per 10 grams
- Peshawar: Rs. 359,500 per tola, Rs. 307,784 per 10 grams
In addition to 24-karat gold, the price of 22-karat gold also saw a rise. The value of 10 grams of 22-karat gold increased to Rs. 282,529, up from Rs. 282,145. This upward trend in gold rates shows the growing demand and fluctuations in the market.
Silver Prices Remain Stable
Meanwhile, silver prices have remained unchanged. The price per tola of silver stands at Rs. 39,530, while the value of 10 grams of silver is Rs. 3,389. Despite global shifts in precious metal prices, silver has not experienced the same level of volatility as gold.
Factors Behind the Surge in Gold Rates
Analysts attribute the surge in gold rates to several factors, including fluctuations in the international market and the movement of the local currency.
Global geopolitical uncertainties and ongoing economic concerns are continuing to influence the prices of precious metals like gold. Investors are keeping a close watch on these trends, as they play a crucial role in determining the direction of gold prices in the coming weeks.
With gold being viewed as a safe-haven investment, the continued rise in its value is prompting many investors to consider it as a hedge against economic instability.
As the global market remains unpredictable, the future of gold rates in Pakistan is closely tied to both local and international developments.
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