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Gold Price in Pakistan Spike in Line with Global Trends

Gold Price in Pakistan Spike in Line with Global Trends
Gold Price in Pakistan


Gold Price in Pakistan is experiencing a surge, mirroring a global uptrend in the value of the precious metal. Today, the price of 24-karat gold reached a new high of Rs. 245,700 per tola, a significant increase of Rs. 600 compared to yesterday's price.

This upward trend is evident across all gold denominations. Ten grams of 24-karat gold witnessed a rise of Rs. 514, reaching Rs. 210,648. Analysts suggest a possible link between this price surge and recent fluctuations in the US dollar's value, emphasizing the established relationship between currency movements and gold prices. Even the price of silver has seen an increase, with 24-karat silver currently priced at Rs. 2,650.

It's crucial to note that gold prices can be quite volatile and can fluctuate throughout the day based on global market activity. The prices mentioned in this report are based on data collected from reputable jewellers in Karachi and Multan and may vary slightly depending on the location.

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