Gold prices in Pakistan have slightly increased, with the rate of 24 karat gold rising by Rs450 to Rs228,600 per 10 grams, according to the All Sindh Sarafa Jewellers Association. The international market also saw a $6 increase to $2180 for the price of gold, while other metals remained steady with a weekly gain expected.
KARACHI: The gold rates moved up in Pakistan as per tola rate of 24 karat gold increased by Rs450 on Friday, ARY News reported.
The price of 10 grams of 24 karat gold increased by Rs450 to Rs228,600 in the domestic market, the All Sindh Sarafa Jewellers Association said.
The price of per tola and 10-gram silver also increased by Rs386 to Rs195,988.
The price of gold in the international market increased by $6 to $2180.
Pakistan’s gold market witnessed a subtle uptick as the price of gold saw a slight increase in recent weeks. This slight rise has captured the attention of both traders and investors, hinting at the enduring allure and stability of gold in the financial landscape. The incremental growth serves as a compelling indication of the enduring appeal and value of gold within Pakistan’s market. It also reflects the continually evolving dynamics and preferences within the precious metals sector. As this trend unfolds, it would be valuable to closely observe and analyze the underlying factors contributing to this uptick, which could offer insightful perspectives for both current and potential investors in the Pakistani gold market.
Source: ARY NEWS
Gold rates, both domestically and internationally, have seen a slight increase. In Pakistan, the tola rate of 24 karat gold rose by Rs450, with the price of 10 grams of 24 karat gold also increasing by the same amount. Additionally, the prices of per tola and 10-gram silver have gone up. In the global market, the price of gold has risen by $6. Spot gold remains steady, while U.S. gold futures are flat. Spot platinum has fallen, while silver and palladium have maintained stability. These developments indicate a potential weekly gain for the metals.
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