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Pakistan’s Gold Prices Defy Global Trend, Showing Upward Climb

admin-augaf by admin-augaf
August 17, 2023
in Business, National, News
Reading Time: 1 min read
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Karachi August 17 2023: On Thursday, the price of 24 karat gold per tola exhibited a notable rise, surging by PKR 1,200 to reach PKR 225,000, in contrast to its previous rate of PKR 223,800 the day before.

Correspondingly, the cost of 10 grams of 24 karat gold experienced an uptick of PKR 1,029, settling at PKR 192,901 compared to its earlier value of PKR 191,872.

Similarly, the prices for 10 grams of 22 karat gold saw an increase from PKR 175,883 to PKR 176,826, as reported by the All Sindh Sarafa Jewellers Association.

Conversely, the values for silver maintained consistency, with the price per tola remaining at PKR 2,750 and the price per ten grams at PKR 2,357.68.

It is noteworthy that the international market recorded a decline in gold prices by USD 5, bringing the value down from USD 1,905 to USD 1,900, according to the association’s report.

Tags: CommoditiesGold Price
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