Gold prices in Pakistan were steady on Monday, with the price of a tola of 24-karat gold being Rs214,300.
10 grammes of 24-karat gold was selling for a consistent Rs183,728 according to dealers, while 10 grammes of 22-karat gold was still costing Rs168,416.
The complex relationship between currency values and gold prices is demonstrated by the strong correlation between these variations in gold rates and shifts in the US dollar’s value. This emphasises how local gold prices are impacted by events related to the global economy.
