Global Market Affects the Gold Price in Pakistan as Gold Prices Rise
It is to mention here that on 20.01.2025, there was a marked increase in the gold rates in Pakistan with reference to the worldwide gold price.
The 24K gold price per tola rose to Rs. 282,100 whereas 22K, 21K, and 18K gold were priced at Rs. 258,590, Rs. 246,838 and Rs. 211,575, correspondingly. Specifically, 24K gold was fetched for Rs. 241,800, 22K was available at Rs. 221,648, 21K gold at Rs. 211,575, and 18 K gold for Rs. 181,350 for 10 grams. From the above given rates, per-gram base rate of 24K gold reached Rs. 24,180 and per-ounce base rate touched Rs. 685,500.
This is due to the market volatility of gold market and the fluctuating conditions of the currency exchange market that calls investors to invest towards gold as a safe haven.
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