On 17th May 2024, the gold price in Pakistan underwent major fluctuations. The 24k gold price was recorded at PKR 241,700 per tola, and the price per 10 grams at PKR 206,360. It shows the current rate in different cities around the nation now.
City-wise gold rates:
Karachi: PKR 241,700
Lahore: PKR 241,700
Islamabad: PKR 241,700
Peshawar: PKR 241,700
Quetta: PKR 241,700
Sialkot: PKR 241,700
Hyderabad: PKR 241,700
Faisalabad: PKR 241,700
The price per gram of 24-karat gold accounts for PKR 20,564, indicating a sharp hike in the bullion market. In tandem with gold, the silver rate of these cities remained at PKR2,550.
It is worth mentioning that the cost of gold in Pakistan goes up and down several times every day, depending on the fluctuations in international market. Hence, the rates provided below are made based on the most recent information from local gold and Sarafa markets of various cities.
The increase in gold value today is a symbol of the volatility of the gold market. Investors and consumers should be aware of daily price fluctuations in order to make the most timely decisions possible.
The consistent rates in various cities provide the uniformity required for the simplicity in understanding and comparing costs. With global economic factors playing a great role in the bullion market, now paying attention on regular gold price is of great essence for all potential buyers and investors.
Today’s gold rates reflect the ongoing trend; therefore, they are an indicator of the trends in the market dynamics. Whether you choose to invest in gold or not, the daily gold price is a vital element to an informed financial decision.
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Watch out for further updates on gold and silver prices in Pakistani markets to stay atop of the market.