Business
Gold prices soar to record high
Gold prices been stable, with the current rate standing at $1,986 per ounce.
Karachi: Karachi: The Gold price in Pakistan increased by Rs1,650 per tola on Friday.
The rate for 24-karat gold per tola reached Rs213,000, marking a substantial rise of Rs2,900,
While 22-karat gold was available at a competitive Rs195,250 per tola.
The pricing is still appealing, even for those who are interested in lesser amounts. At the moment, 10 grams of 24-karat gold costs Rs182,613, whilst 10 grams of 22-karat gold costs Rs167,395.
This fluctuation in gold prices can be attributed to a significant shift in the value of the dollar, underscoring the complex relationship between currency values and the price of gold. As reported from various outlets, primarily located in Karachi and Multan.
On the international front, gold prices been stable, with the current rate standing at $1,986 per ounce.
It's essential to note that gold prices in Pakistan can vary significantly throughout the day, reflecting global market trends.