LAHORE:The price for 24-karat gold per tola in Pakistan on Saturday reached Rs212,000.
All Pakistan Sarafa Gems and Jewellers Association sources told reporter that at the same time, people interested in 22-karat gold can secure it at Rs194,333 per tola.
They said that even for those looking to purchase smaller quantities, the rates remain quite appealing. Currently, 10 grams of 24-karat gold are priced at Rs181,756, while 10 grams of 22-karat gold can be obtained for Rs166,609.
This shift in gold prices can be attributed to a substantial move in the value of the dollar, underscoring the connection between currency values and the price of gold, they asserted.
Meanwhile, at the international level, gold prices have experienced a swing, with the current rate standing at $1,981 per ounce. Gold rates in Pakistan can fluctuate multiple times throughout the day in response to global market dynamics.