On Monday, July 28, gold prices in Pakistan showed no change, with the rate of 24K gold per tola remaining at Rs356,400 and 10 grams priced at Rs305,555. This stability was mirrored in all major cities including Karachi, Lahore, Islamabad, Multan, and Peshawar.
The unchanged prices come after a week of mild declines. On July 23, the per tola price stood at Rs364,900 but has since eased. Despite the recent dip, gold has retained its appeal as a reliable asset during uncertain financial times.
The value of 22K gold stood at Rs330,733 per tola. For those buying in smaller quantities, 10 grams were priced at Rs283,552 and a single gram at Rs28,355. The international ounce equivalent was valued at Rs803,682.
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Market watchers suggest that the pause in fluctuation might be temporary, depending on global market trends and the performance of the Pakistani rupee. However, for now, the stability is likely to bring temporary confidence among small investors.
| City | 24K Per Tola | 24K Per 10 Grams |
|---|---|---|
| Karachi | Rs356,400 | Rs305,555 |
| Lahore | Rs356,400 | Rs305,555 |
| Islamabad | Rs356,400 | Rs305,555 |
| Multan | Rs356,400 | Rs305,555 |
| Peshawar | Rs356,400 | Rs305,555 |