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On Wednesday, gold prices in Pakistan experienced the second increase of the week, with the cost of 24-karat gold rising by Rs750 per tola. According to data shared by the Sarafa Association, this uptick is in line with international rates, bringing the current price of the yellow metal to Rs215,200 per tola after a gain of Rs750. Additionally, the price of 10 grams of gold now stands at Rs184,500, reflecting an increase of Rs644.
This recent surge follows a previous uptick earlier in the week when gold prices in the country rose by Rs150 per tola. The fluctuations in gold prices are closely tied to global trends, and the current international price for the precious metal is recorded at $2,048 per ounce after a $6 increase on Wednesday.
Read more: Check The Latest Gold Prices In Pakistan
In contrast, silver rates have remained stable at Rs2,570 per tola in Pakistan. While gold prices have experienced fluctuations, silver has maintained a consistent value during this period.
The dynamic nature of gold prices in response to international market trends underscores the impact of global factors on the local economy. As precious metal prices continue to shift, they influence various sectors, including trade, investment, and consumer behavior. The stability of silver rates, on the other hand, adds an interesting dimension to the overall trends in precious metal values in the Pakistani market.
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