Gold Rates 6th May 2024: Prices Surge By Rs 2,500 per Tola to Rs 240,500

In a significant development, gold prices soared by Rs 2,500 per tola, reaching Rs 240,500 on Monday compared to its previous rate of Rs 238,000. This surge in gold rates has caught the attention of investors and enthusiasts alike.

The price of 10 grams of 24 karat gold also witnessed a notable increase, rising by Rs 1,257 to Rs 206,190 from Rs 204,047. Similarly, the prices of 10 grams of 22 karat gold went up to Rs 189,007 from Rs 187,043, as reported by the All Sindh Sarafa Jewellers Association.

Despite the surge in gold prices, the rates for silver remained steady, with the per tola and ten gram silver prices holding at Rs 2,620 and Rs 2,254.80 respectively.

Internationally, the price of gold also saw an upward trend, rising by $21 to $2,322 from $2,301, according to the Association’s statement.

This increase in gold prices reflects the ongoing volatility in the global market, prompting investors to keep a close eye on precious metal rates. Stay updated with the latest trends in gold prices to make informed investment decisions.

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