24K Gold has reached ₨ 380,400 per tola, marking a significant increase from previous days.
22K Gold is trading at ₨ 348,697 per tola, reflecting a rise in line with global trends.
Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) |
---|
24K Gold | ₨ 380,400 | ₨ 326,140 | ₨ 32,614 |
22K Gold | ₨ 348,697 | ₨ 298,959 | ₨ 29,896 |
📈 Factors Driving Gold Prices Higher
- Global Economic Uncertainty: Ongoing geopolitical tensions and economic instability are driving investors towards gold as a safe-haven asset.
- Weakening U.S. Dollar: A decline in the U.S. dollar makes gold more attractive to investors holding other currencies.
- Inflation Concerns: Persistent inflation fears are pushing investors to seek assets that can preserve value, with gold being a traditional choice.
- Local Demand: Increased demand for gold jewelry, especially ahead of the wedding season, is contributing to the rise in prices.
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