Gold prices in Pakistan surged again on Thursday, March 21st, 2024. The price of 24-karat gold reached a staggering Rs 232,400 per tola, reflecting a significant jump of Rs 4,600. This increase follows a similar trend for 10 grams of 24-karat gold, which rose by Rs 3,943 to trade at Rs 199,245.
Experts attribute this upward movement to fluctuations in the value of the US Dollar. The close relationship between currency values and gold prices means that changes in the Dollar directly impact the Pakistani gold market. This highlights how global economic factors can influence local markets.
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https://web.njit.edu/~sa2225/file_upload_project/file_upload_project/uploads/Online-Education-A-Pathway-to-Learning-Beyond-Boundaries.pdf
It’s important to note that gold prices in Pakistan can fluctuate throughout the day, reflecting trends in the global market. The prices mentioned here are based on information sourced from reputable Karachi and Multan-based bullion dealers.
While the current information suggests a significant rise, you may want to consult a local jeweler for the most up-to-date prices before making any purchases.
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