Gold Price hits Rs.448200 in Pakistan today

Gold Price hits Rs.448200 in Pakistan today

ISLAMABAD: As per the Pakistan Sarafa Market gold price has taken a dramatic rise today.

The 24K gold per tola price is at Rs. 448300. Moreover, the price per gram of 24K is 38,434. There were also significant increases in the prices of lower-purity gold.

22K gold is at present being sold at Rs. 35229 per gram. Today, the 21K gold rate is 33,630 per gram.

Price Fluctuations and Performance

Gold has been performing positively in the Islamabad market yesterday. The precious metal enjoyed a value increase of 0.13 percent.

Nevertheless, the trend over the long term is far more unstable. The variation in the past month is also high. Gold rates shot up by PKR 25,440, and that is a 6.02 percent increase.

The annual performance shows a rather more dramatic increase. The gold price in Islamabad has gone up by 164,700. This figure is an enormous 58.07% increase in value.

The trend has been an increase in the economy of world.

Gold in times of economic uncertainty is usually adopted by investors. Gold is used as a protection against inflation and the devaluation of currency.

Islamabad Gold Market remains a hot trading and interest market. Gold rate conversion tools are often used by buyers to confirm prices.

This tool enables one to verify the rates of different purities and weightages.

The prices of 24K, 22K, 21K, and 18K are easily accessible, where buyers can easily access the official market drift.

Also Read: Gold Prices on Fire in Pakistan