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Gold rates see increase in Pakistan

Gold rates in Pakistan rose significantly, with the 24 karat gold price per tola increasing by Rs2400, while 10 grams of the same quality rose by Rs2058. These price hikes were attributed to the international market's gold price increase and a weaker dollar. Silver and platinum also experienced price fluctuations.

Gold rates see major drop in Pakistan

Gold prices in Pakistan continue to decline, with the per tola price at Rs242,000 after a Rs6,200 drop, and the 10-gram gold at Rs207476 following a decrease of Rs5,315, as reported by the Sarafa Association. International market gold price also decreased to $2355 from $2,415. Silver remained constant at Rs2,850 per tola.

Gold prices fall in Pakistan following global market downturn

Gold prices in Pakistan saw a decline following global market trends. According to All Sindh Sarafa Jewellers Association, the per tola gold price dropped to Rs248,500, a decline of Rs1,900. Similarly, the 10-gram gold price fell to Rs213,048 after a decrease of Rs1,630. International gold prices also dropped to $2,418 from $2,439.

Gold rates continue to go up in Pakistan

Gold rates in Pakistan increased, with 24 karat gold per tola rising by Rs 2,300 to Rs 250,400 and 10 grams by Rs1,972 to Rs 214,678. International market prices also saw a rise, hitting a record high due to expectations of a U.S. interest rate cut. Silver remained constant at Rs 2,850 per tola.

Gold rates drop in Pakistan

Gold rates in Pakistan dropped on May 17, 2024. The per tola rate of 24 karat gold decreased by Rs 600, selling at Rs 245,000 compared to Rs 245,600 on the last trading day. The international market also saw a $6 decrease in the price of gold. This drop was attributed to U.S. inflation data affecting expectations of interest rate cuts. Gold rates appeared set for a second consecutive weekly gain.

Gold rates register increase in Pakistan

Gold rates in Pakistan rose on May 15, 2024, with 24 karat gold increasing by Rs 2,900 to Rs 244,000 per tola and by Rs 2,487 to Rs 209,191 for 10 grams. The international gold market also saw a $28 increase to reach $2,365. This rise was attributed to a weaker US dollar and lower Treasury yields.

Gold rates continue to fall in Pakistan; check latest price

Gold prices in Pakistan continue to drop in line with the global market, with the price per tola decreasing by Rs1200 to Rs242,300 and 10-gram price dropping by Rs943 to Rs207,733, as reported by ARY News. International markets also saw a decline, with spot gold falling 0.2% to $2,354.77 per ounce.

Gold rates continue to drop in Pakistan

Gold rates in Pakistan continued to decrease on May 2, 2024, with the per tola rate of 24 karat gold dropping by Rs 900 and 10 grams of 24 karat gold decreasing by Rs 771. International gold prices also decreased by $8 to $2,308. This decline was attributed to a stronger dollar in the international market.

Gold price hits new peak in Pakistan

Gold price hit a new peak in Pakistan as per tola price increased by Rs2200, reaching Rs251,900, and 10-gram surged by Rs1,887 to close at Rs215,964. In the international market, yellow metal was traded at $2412. Spot gold held steady at $2,384.19 per ounce, while silver rose 1.2% to $28.42 per ounce.

Gold hits all-time high as Fed-fuelled rally continues

Gold prices surged to a record high as the slowing US inflation trend fueled expectations of a mid-year interest rate cut by the Federal Reserve. Spot gold climbed 0.6% to $2,244.89 per ounce and hit an all-time high of $2,262.19. Rising rate cut expectations and geopolitical tensions have propelled gold prices by over 8% this year.