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Gold rates in Pakistan fall amid big drop in international market

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KARACHI – Gold rates witnessed a drop in Pakistan on Saturday in line with changes in international market rates.

Over the weekend, the 24 carats of yellow metal saw a drop of Rs1100 and the new price settled at Rs246,500 per tola.

According to dealers, the price of 10 grams of 24-karat gold has decreased by Rs943, now trading at Rs211,334. Similarly, the price of 10 grams of 22-karat gold has also dropped, now trading at Rs193,723.

Gold Rates in Pakistan on April 13

Gold Type Price per Tola (Rs) Price per 10g (Rs)
24-Karat Rs246,500 Rs211,334
22-Karat Rs193,723 Rs164,664

The drop in prices is attributed to tweaks in the US Dollar rate, and international prices.

The price of 24-karat silver is currently at Rs2,650. Internationally, gold prices fell by $11 to reach $2,344 per ounce. Gold rates in Pakistan can change significantly throughout the day due to global market trends.

Before Eid, the gold rates saw record hike in Pakistan following surge in international rates.

Gold rate in Pakistan today – 13 April, 2024

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