Gold Prices Remain Steady at Rs 256,500 Per Tola in Local Market

The price of 24 karat gold in the local market remained stable at Rs256,500 per tola on Monday, offering no surprises to traders and buyers. According to the All Sindh Sarafa Jewellers Association, the price of 10 grams of 24 karat gold also remained unchanged, holding firm at Rs219,907.

Similarly, the price of 10 grams of 22 karat gold, commonly traded in the market, saw no change and continued to be valued at Rs201,582. Silver prices followed the same trend, with the per tola price remaining steady at Rs2,850, and 10 grams of silver holding at Rs2,443.41.

Despite the stability in local prices, the international gold market experienced a slight uptick. The price of gold rose by $9, reaching $2,439, compared to the previous day’s rate of $2,430. This minor increase in the global market did not impact local rates, which remained unaffected.

The steady gold prices come amidst a fluctuating economic environment, where changes in the international market are often closely monitored by local traders. As the week progresses, market participants will be keenly observing any potential shifts in prices, both locally and globally, to guide their buying and selling decisions.