KARACHI – Gold rates in Pakistan moved down for third straight session with the price of 24-karat gold coming down to Rs359,055 on June 18 Wednesday.
Data shared by Saraffa Association shows downward trend in the local and international prices, with per tola 24-karat gold dropped by Rs2,245 per tola, bringing the new rate to Rs359,055. Similarly, the price of 10 grams of gold fell by Rs1,925 to Rs307,831.
Today Gold Rates
Gold Type | Old Price | Price Cut | New Price |
Gold (per tola) | Rs361,300 | Rs2,245 | Rs359,055 |
Gold (10 grams) | Rs309,756 | Rs1,925 | Rs307,831 |
Gold Price in Pakistan This Week
Dates | Price |
14-June | Rs363,000 |
13-June | Rs361,500 |
12-June | Rs356,900 |
11-June | Rs352,900 |
10-June | Rs352,300 |
5-June | Rs358,400 |
4-June | Rs354,100 |
On Tuesday, gold prices come down by Rs1,000 per tola to Rs361,300 in Karachi.
Internationally, gold prices also saw a decline. The global rate fell by $20 to $3,378 per ounce, including a $20 premium, reflecting weaker demand and a cautious market outlook. In contrast, silver prices registered a modest increase. The price per tola of silver rose by Rs22, reaching Rs3,878.
Analysts attribute the fluctuations to a combination of international economic uncertainty, shifting investor sentiment, and adjustments in currency values. Local jewellers continue to monitor the global trends closely, as they play a significant role in shaping domestic pricing.
Gold Rates dip by Rs2,300 per Tola in Pakistan; Check New Prices