Business
Gold prices go up in Pakistan following Int’l market trend
The latest report suggest that the gold rates in Pakistan has recorded a notable rise, with an increase of Rs 500 per tola and Rs 429 per 10 grams.
![Gold prices go up in Pakistan following Int’l market trend](/media/93235/conversions/gold-jan-5-1280x720.webp)
Karachi: The gold market in Pakistan on Tuesday experienced an upward trend as international gold prices witnessed an increase.
The gold rates in Pakistan recorded a notable rise, with an increase of Rs 500 per tola and Rs 429 per 10 grams.
The development took place after the global price per ounce of gold that reached $2,047, marking a $5 increment.
In the local market, the new rates stand at Rs 215,200 per tola and Rs 184,500 per 10 grams. This development has been attributed to the recent fluctuations in the international gold market, prompting adjustments in the domestic prices.
The rise in gold prices is expected to impact the local gold and jewelry industry, influencing consumer behavior and market dynamics. Financial analysts are closely monitoring these developments, considering various factors that contribute to the fluctuation in gold prices globally.
-
Entertainment 1 day ago
Awareness Session on Cervical Screening for Women’s Health at LCCI
-
Pakistan 9 hours ago
Urban flooding, landslides feared as heavy rains predicted countrywide
-
Pakistan 2 days ago
TLP leader booked for threatening CJP
-
Entertainment 1 day ago
Khalil-ur-Rehman Qamar’s alleged explicit video goes viral
-
Health 2 days ago
WHO spearheads new initiative for mRNA bird flu vaccine advancement
-
Regional 1 day ago
Magnitude 4.2 earthquake in Zhob
-
Pakistan 2 days ago
TLP leader Zaheer-ul-Hassan Shah arrested from Okara
-
Pakistan 2 days ago
Hot weather: Summer vacations extended in Islamabad schools