In the latest financial news, the gold market experienced a modest uptick with the cost of per tola 24 karat gold climbing by Rs100, reaching a new price point of Rs 215,900 as of Tuesday.
This increase follows the previous trading day’s closing rate of Rs 215,800, showcasing a gradual rise in gold values. Similarly, the rate for 10 grams of 24-karat gold saw an adjustment upwards by Rs86, settling at Rs185,100 from the preceding figure of Rs185,014.
For those interested in 22-karat gold, there was also a slight surge in price. The cost for 10 grams of 22-karat gold moved up to Rs169,674 from an earlier rate of Rs169,596, indicating a consistent pattern of growth across different purities of gold.
Despite these changes in gold rates, the silver prices remained unchanged, with per tola and ten-gram rates holding steady at Rs2,570 and Rs2,203.36, respectively.
This increment in gold prices is mirrored in the international market as well, where the price of gold advanced by $2 to reach $2,056 from a previous rate of $2,054, according to the All Sindh Sarafa Jewellers Association.
These shifts in gold rates are crucial for investors and buyers, signaling slight fluctuations in the market that could impact investment decisions.
| Metal Type | Purity | Unit | Previous Rate | New Rate |
|---|---|---|---|---|
| Gold | 24 Karat | 1 Tola | Rs 215,800 | Rs 215,900 |
| Gold | 24 Karat | 10 Grams | Rs 185,014 | Rs 185,100 |
| Gold | 22 Karat | 10 Grams | Rs 169,596 | Rs 169,674 |
| Silver | – | 1 Tola | Rs 2,570 | Rs 2,570 |
| Silver | – | 10 Grams | Rs 2,203.36 | Rs 2,203.36 |
Whether you’re planning to invest in gold or contemplating a purchase, keeping an eye on these updates can help you make well-informed decisions in the ever-evolving precious metals market.