Gold Prices Rise in Pakistan on June 12, 2024

On Wednesday, June 12, 2024, the price of gold in Pakistan saw a notable increase. According to the All Sindh Sarafa Jewellers Association, the price of per tola of 24 karat gold rose by Rs. 600, reaching Rs. 241,900, up from the previous trading day’s rate of Rs. 241,300.

Similarly, the price of 10 grams of 24 karat gold experienced an increase of Rs. 514, bringing it to Rs. 207,390 from Rs. 206,876. The price of 10 grams of 22 karat gold also went up, rising to Rs. 190,108 from Rs. 189,639.

In contrast, the prices of silver remained unchanged. Per tola and ten grams of silver held steady at Rs. 2,750 and Rs. 2,357.68, respectively.

In the international market, gold prices saw a slight uptick, with the price of gold increasing by $6, moving from $2,307 to $2,313.

These changes reflect ongoing fluctuations in the precious metals market, influenced by various global economic factors and market trends. The increase in gold prices both locally and internationally indicates a growing demand and market sentiment towards gold as a valuable investment.

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