Gold prices in Pakistan show continuous decline

KARACHI: On Thursday, the latest data from the bullion market reveals that the current rate for 24 karat gold stands at Rs 190,000 per tola, while 22 karat gold can be acquired at Rs 174,167 per tola.

For individuals seeking smaller quantities, 10 grams of 24 karat gold are now priced at Rs 162,894, and 10 grams of 22 karat gold can be obtained for Rs 149,320. It’s noteworthy that the price of pure gold in Pakistan has witnessed a continuous decrease.

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It’s important to highlight that gold rates in Pakistan can fluctuate multiple times throughout the day, responding to global market trends. These rates are sourced from reliable outlets, primarily located in Karachi and Multan.

However, there has been a void in official gold rates released by the All Pakistan Jewelers Association, which typically provides daily gold prices, since September 5, 2023. Individuals closely monitoring the gold market are advised to remain vigilant as rates continue to fluctuate in response to global developments in the world of gold. – INP