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Slight Increase Observed In Gold Prices Pakistan

Slight Increase Observed In Gold Prices Pakistan

On Wednesday, the price of gold in Pakistan experienced a slight uptick, reaching Rs. 229,500 per tola. Data released by the Karachi Sarafa Association indicated that the price of gold (24 carats) increased by Rs. 100 per tola to reach Rs. 229,500, while the price of 10 grams rose by Rs. 86 to Rs. 196,760.

This follows a previous day’s increase of Rs. 1,200 per tola after remaining stable on Monday.

Read more: Gold Price In Pakistan Rises By Rs1,200

Meanwhile, in the global market, gold prices exhibited little movement in a trade characterized by a narrow range, with the dollar edging higher. Investors awaited further clarity on the direction of the US Federal Reserve’s monetary policy.

Spot gold remained unchanged at $2,179.33 per ounce as of 0747 GMT, while US gold futures were recorded at $2,178.50.