Purity | Per Tola (11.67g) | Per 10 Grams | Per Gram |
---|---|---|---|
24K | PKR 362,400 | PKR 310,700 | PKR 31,070 |
22K | PKR 332,200 | PKR 284,808 | PKR 28,481 |
These rates are based on data from the Karachi Sarafa Bazar Association and are reflective of the market conditions as of this morning. UrduPoint+2Gold.pk+2
🌍 Global Market Influences
The slight decrease in gold prices is attributed to a combination of factors:
- Strengthening of the US Dollar: The US Dollar has shown resilience, which often inversely affects gold prices.Minute Mirror+2The Times of India+2
- Economic Indicators: Recent economic data, including the US Services PMI, have influenced investor sentiment, leading to cautious trading in gold. mint
💱 Exchange Rate Impact
The Pakistani Rupee has experienced a modest appreciation against the US Dollar, closing at PKR 282.57 in the inter-bank market. This strengthening of the local currency can contribute to a reduction in gold prices in rupee terms. The Express Tribune
📌 Conclusion
For those planning to buy or sell gold today, it’s advisable to monitor the market closely, as gold prices can fluctuate based on international market trends and local currency movements.
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