Continuous Decline in Gold Prices in Pakistan

According to the most recent data from the bullion market, the current price for 24-karat gold in Pakistan stands at Rs 189,700 per tola, while those interested in 22-karat gold can acquire it at Rs 173,890 per tola.

For individuals looking to purchase smaller quantities, 10 grams of 24-karat gold are now priced at Rs 162,640, and 10 grams of 22-karat gold can be obtained for Rs 149,086. It’s worth noting that the price of pure gold in Pakistan has been consistently decreasing.

It is important to emphasize that gold rates in Pakistan can fluctuate multiple times throughout the day, responding to global market trends. These rates are gathered from reliable sources, primarily situated in Karachi and Multan.

However, it’s worth mentioning that there has been a gap in the official gold rates released by the All Pakistan Jewelers Association, which typically provides daily gold prices, since September 5, 2023. This absence of official rates has left consumers visiting jewelry shops uncertain about current prices.

For individuals closely monitoring the gold market, it is advisable to stay vigilant as rates continue to fluctuate in response to global developments in the gold market.

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