Karachi: There was no significant change in gold prices in Pakistan today, as a result of which the domestic and global gold markets remained stable. The price of gold in the country has remained stable at Rs 306,000 per tola, while the price of 10 grams of gold has also remained unchanged at Rs 262,345.
There has been no significant change in the price of gold in the international market. In the international market, gold was trading flat at USD 2,910 per ounce. These prices are sustained in view of global economic conditions, currency price fluctuations, and the demand-supply ratio.
According to experts, the stability in gold prices is a positive signal for investors, especially for those who consider gold a safe investment in uncertain economic conditions. Stability in gold prices at the domestic level depends on the value of the rupee and import costs, while global gold prices are influenced by the performance of the US dollar, interest rates, and geopolitical conditions.
