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Forex

Pakistan Gold Prices Reach New High Amid Global Volatility

Guavy AI Editorial Team
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USD
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The price of gold in Pakistan has seen an increase, reaching Rs477,136 per tola. The latest domestic rate is up from previous sessions, while international gold stands at $4,547 per ounce. The 24-karat gold price surge comes after a mid-month correction, where prices declined by Rs4,000 over three days.

Despite the correction, gold remained Rs33,200 per tola higher than its August 1 level. Global factors such as bullion movements, US dollar trends, Federal Reserve rate expectations, investor profit-taking, and geopolitical uncertainty continue to influence prices.

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