Gold Rate in Pakistan Today October 29, 2024

KARACHI – Gold prices in Pakistan continue to rise, with the cost per tola increasing by Rs 1,600 to reach Rs 285,000.

This latest surge is attributed to a $16 rise in the international market, pushing the price of gold to $2,755 per ounce. Consequently, the price of gold per 10 grams is now approximately Rs 244,342.

Price Breakdown:

Item	Old Price	New Price	Change
Gold (24K – per tola)	Rs 283,400	Rs 285,000	+Rs 1,600
Gold (24K – per 10 grams)	Rs 242,970	Rs 244,342	+Rs 1,372

In the meantime, the local currency is facing pressure, with a slight depreciation to Rs 277.68 against the US dollar in the inter-bank market.

As the gold market remains volatile, traders and investors are closely monitoring these fluctuations and their potential impact on future pricing.