Gold rates have remained stable across Pakistan, with the price of 24-karat gold holding steady at Rs357,600 per tola. The rate for 10 grams of gold is recorded at Rs306,584, with no fluctuations reported in major cities like Karachi, Lahore, Islamabad, Peshawar, and Quetta.
The consistency in gold rates has been noted across these regions, showing no significant changes in the domestic market. The stability in the price of gold comes despite various global factors influencing commodity prices. Additionally, silver prices have experienced a slight increase, with the price of silver per tola rising by Rs48, bringing it to Rs4,012.
Here are the current gold rates in major cities of Pakistan:
- Karachi: Gold (per tola) Rs357,600, Silver (per tola) Rs4,012
- Lahore: Gold (per tola) Rs357,600, Silver (per tola) Rs4,012
- Islamabad: Gold (per tola) Rs357,600, Silver (per tola) Rs4,012
- Peshawar: Gold (per tola) Rs357,600, Silver (per tola) Rs4,012
- Quetta: Gold (per tola) Rs357,600, Silver (per tola) Rs4,012
On the international front, gold rates have seen an upward trend. The price of gold rose by $25 per ounce globally, bringing the price to $3,351 per ounce. This increase reflects strong demand for gold, as investors continue to flock to precious metals as safe-haven assets amid global economic uncertainty.
Analysts believe the stability in gold rates is a result of continued investor interest in gold and silver due to geopolitical tensions and inflationary concerns. The precious metals market is expected to remain a key focus for investors seeking stability in uncertain times.
As gold rates remain steady in Pakistan, consumers and investors alike are keeping a close eye on international trends to predict future market movements.
In other news, check out how gold rates in Pakistan are rising amid economic uncertainty, reflecting global market trends
