Gold prices in Pakistan have remained stagnant, with no significant changes observed in the local market. As of today, the price of 24-carat gold stands at Rs 225,000 per tola, while 22-carat gold is priced at Rs 206,000. Despite fluctuations in international markets, domestic prices have not followed suit, maintaining stability.
Market analysts attribute the stagnation to a combination of factors, including the lack of a clear economic direction, inflationary pressures, and the fluctuating value of the Pakistani rupee against the dollar. While global gold prices have seen some movement due to changes in international economic conditions, Pakistan’s gold market remains cautious, with local demand primarily driven by cultural and traditional factors.
Experts suggest that unless there is a significant shift in economic conditions, gold prices in Pakistan are likely to remain at their current levels in the short term.
