As of today, August 2, 2024, the gold market in Pakistan has experienced a significant increase in prices. According to the All Sindh Sarafa Jewellers Association, the price of 24 karat gold per tola has surged by Rs. 2,400, reaching Rs. 257,300. This is a notable rise from the previous trading day, where the price was Rs. 254,900 per tola.
Similarly, the price of 10 grams of 24 karat gold has increased by Rs. 2,057, bringing it to Rs. 220,593 from the previous rate of Rs. 218,536. The price of 10 grams of 22 karat gold has also seen an upward trend, climbing to Rs. 202,210 from Rs. 200,324.
Despite the fluctuations in gold prices, the prices of silver have remained stable. The price of per tola and 10 grams of silver are unchanged, standing at Rs. 2,900 and Rs. 2,486.28, respectively.
The increase in local gold prices is in line with the rise in the international gold market. The price of gold in the international market has risen by $26, bringing it to $2,458 from the previous rate of $2,432.
Summary of Current Rates
- 24 Karat Gold (per tola): Rs. 257,300 (increased by Rs. 2,400)
- 24 Karat Gold (10 grams): Rs. 220,593 (increased by Rs. 2,057)
- 22 Karat Gold (10 grams): Rs. 202,210 (increased by Rs. 1,886)
- Silver (per tola): Rs. 2,900 (unchanged)
- Silver (10 grams): Rs. 2,486.28 (unchanged)
- International Gold Price: $2,458 (increased by $26)
The rise in gold prices reflects global trends and market dynamics. Investors and consumers should stay informed about these changes as they can impact purchasing and investment decisions.
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.
