The Gems and Jewellers Association in Karachi has introduced changes to the methodology for determining gold prices, including a $20 premium in line with international rates.
On the global market, gold prices currently stand at $1,975 per ounce. It’s important to note that gold rates in Pakistan can change multiple times during the day in response to international market dynamics.
The price of 24-karat gold per tola in Pakistan reached Rs209,200 on Tuesday, while 10 grams of 24-karat gold are priced at Rs179,355 and 10 grams of 22-karat gold can be obtained for Rs164,409.
These rates are primarily sourced from reliable outlets in Karachi and Multan. For the most accurate and current gold rates specific to your local market, it’s recommended to consult nearby gold dealers and jewellers.