Gold prices in Pakistan have skyrocketed once again.

On Thursday, gold prices in Pakistan skyrocketed, with the cost of 24-karat gold reaching Rs232,400 per tola, up Rs4,600.

Dealers reported a similar increase in the price of 10 grams of 24-karat gold, which rose by Rs3,943 to now trade at Rs199,245. Furthermore, the price of 10 grams of 22-karat gold increased, trading at Rs182,642.

These swings are strongly related to variations in the value of the US dollar, demonstrating a strong link between currency values and gold prices. This demonstrates the influence of global economic variables on local gold markets.

The current price of 24-karat silver is Rs2,600, up Rs20. Internationally, the gold price rose by $47 to $2,225 per ounce.

It’s critical to understand that gold prices in Pakistan can fluctuate dramatically throughout the day, affected by worldwide market movements. The gold rates offered are from reliable sources, particularly in Karachi and Multan.

Individuals should consult with local gold merchants and jewellers for the most recent and accurate information on gold prices.