Gold trading opens today with a moderate increase compared to the previous session. Domestic prices are being influenced by a combination of global market movements and the stability of the Pakistani Rupee. Traders and investors are keeping a close watch on gold as a safe-haven asset amid ongoing global economic uncertainties.
| Purity | Per Tola (11.67g) | Per 10 Grams | Per Gram |
|---|---|---|---|
| 24K | PKR 362,500 | PKR 310,700 | PKR 31,070 |
| 22K | PKR 332,900 | PKR 285,000 | PKR 28,500 |
- 24K Gold: PKR 362,500 per tola, PKR 310,700 per 10 grams.
- 22K Gold: PKR 332,900 per tola, PKR 285,000 per 10 grams.
🌍 Global Market Influence
Internationally, gold prices have experienced slight gains, with the spot price per ounce hovering around $3,358. Rising demand for gold in uncertain economic conditions continues to support prices. Investors are seeking safety amid global inflation concerns and fluctuating financial markets.
This global sentiment directly impacts Pakistan’s gold rates, as the country largely imports gold, and any upward movement internationally reflects on domestic pricing.
💱 Currency Impact
The Pakistani Rupee remains stable against the US Dollar at PKR 282.50 in the inter-bank market. Stability in the local currency helps moderate fluctuations in domestic gold prices, making gold purchases slightly more predictable for buyers and investors today.
🔮 Outlook
Gold prices are expected to remain steady or slightly bullish in the morning session. Traders and buyers should monitor global economic news, interest rate updates, and currency movements, as these factors can influence prices throughout the day. Gold continues to serve as a secure investment in times of financial uncertainty.
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