| Gold Purity | Price per Tola (PKR) | Price per 10 Grams (PKR) |
|---|---|---|
| 24 Karat | Rs. 353,500 | Rs. 303,070 |
| 22 Karat | Rs. 324,042 | Rs. 277,814 |
*Source: UrduPoint, Sarmaaya.pk, Hamariweb*Hamariweb.com
🌐 International Market Snapshot
As of today, the international gold price stands at approximately $3,263 per ounce, reflecting recent fluctuations influenced by global economic indicators and market sentiment. Hamariweb.com
🔍 Factors Influencing Gold Prices
Several key factors are currently impacting gold prices:
- Currency Fluctuations: The Pakistani Rupee’s performance against major currencies affects local gold prices.
- Global Economic Indicators: Inflation rates, interest rates, and economic growth figures worldwide influence investor demand for gold as a safe-haven asset.
- Geopolitical Tensions: Ongoing geopolitical events can lead to increased demand for gold, driving prices upward.
- Local Demand and Supply: Seasonal demand, especially during wedding seasons and festivals, can impact gold prices in the domestic market.
🏙️ City-wise Gold Rates in Pakistan
| City | 24K per Tola (PKR) | 22K per Tola (PKR) |
|---|---|---|
| Karachi | Rs. 353,500 | Rs. 324,042 |
| Lahore | Rs. 353,710 | Rs. 324,125 |
| Islamabad | Rs. 353,500 | Rs. 324,042 |
| Multan | Rs. 353,500 | Rs. 324,042 |
| Peshawar | Rs. 353,500 | Rs. 324,042 |
Note: Prices may vary slightly based on local market conditions and dealer premiums.
🔮 Market Outlook
Analysts suggest that gold prices may continue to experience volatility in the coming days, influenced by global economic developments and local market dynamics. Investors are advised to stay informed about these factors and consult with financial experts before making investment decisions.
Please note that gold prices are subject to rapid changes due to market volatility. Regularly check for the latest rates and seek professional advice when necessary.
For more detailed information and regular updates on gold prices, visit Daily Forex Pakistan.