Gold prices in Pakistan continued their downward spiral for the fourth consecutive day, with 24-karat gold falling by Rs1,800 to Rs240,200 per tola.
The price of 10 grams of 24-karat gold also dropped by Rs1,543 to Rs205,933, while 22-karat gold saw a significant decline to Rs188,772 per 10 grams.
The fluctuations in gold prices are closely tied to changes in the value of the US Dollar, highlighting the impact of global economic factors on local markets. Internationally, gold prices also witnessed a significant decline of $17, reaching $2,338 per ounce.
It’s important to note that gold rates in Pakistan can vary significantly throughout the day, influenced by global market trends.
The provided gold rates are sourced from reputable sources in Karachi and Multan, but individuals are advised to consult local gold merchants and jewellers for the most up-to-date and accurate information.