As of 9:00 AM on Sunday, September 10, 2023, the latest rates for gold and silver in Pakistan have been released, providing updated benchmarks for investors, traders, and jewelry buyers across the country. These rates reflect the domestic pricing trends based on the latest figures from local and international markets.
In the local market, gold remains a popular asset for both investment and adornment. The price of gold (24 Karat) is currently standing at Rs212,000 per tola, while the 10-gram rate is Rs181,756. Meanwhile, gold of 22 Karat purity is valued at Rs166,610 per 10 grams. These rates mark the most recent update and may vary slightly based on regional dealers and fluctuations in the global market.
In the international market, the price of gold is hovering around $1,919 per ounce, showing steady demand amid ongoing economic uncertainties and fluctuating interest rates in major economies.
Turning to silver, the 24 Karat variety is being traded at Rs2,550.00 per tola, with a 10-gram equivalent priced at Rs2,186.21. On the global front, the international silver rate is recorded at $23.00 per ounce, reflecting modest demand in the metals market.
It is important to note that all these rates are indicative and should be treated as reference values. Prices are subject to constant change due to global market trends, inflationary pressures, and currency exchange rates. The website or platform providing these updates cannot be held responsible for any inaccuracies or market shifts.
For anyone considering investments in gold or silver, it is essential to conduct thorough research or seek guidance from a financial advisor. While precious metals often serve as a hedge against inflation and a store of value, they also come with risks, particularly due to price volatility. Investors should always evaluate their financial goals and risk tolerance before making a commitment to these assets.