On August 13, 2024, gold prices saw a significant uptick in the local market. The per tola price of 24 karat gold increased by Rs1,200, reaching Rs257,700. This rise reflects a continuing trend of volatility in precious metal prices.
For those purchasing gold in smaller quantities, the price of 10 grams of 24 karat gold also saw a notable increase. It was traded at Rs220,936, marking an increase of Rs1,029 from the previous rates. Additionally, the price of 22 karat gold was recorded at Rs202,525, according to the All Sindh Sarafa Jewellers Association.
In contrast, silver prices remained stable. The per tola price of silver held steady at Rs2,850, while the price for 10 grams of silver was Rs2,443.41.
On the international front, gold prices rose by $19, trading at $2,458 compared to $2,439 the previous day. This increase in global gold prices is likely to influence local market trends and could impact buying decisions for investors and consumers alike.
Afsheen Gohar believes in the power of clear, straightforward writing. Her blog posts tackle everyday topics with relatable insights and easy-to-follow advice. With a conversational style, she makes complex subjects feel understandable. She’s dedicated to sharing knowledge and empowering readers to take action. Find her latest posts on trending in social.
