Gold price in Pakistan: Rates on February 9
انتشار: بهمن 20، 1402
بروزرسانی: 29 خرداد 1404

Gold price in Pakistan: Rates on February 9

Gold prices fell in Pakistan on Friday, according to data compiled by FXStreet.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.



منبع: https://www.fxstreet.com/news/pakistan-gold-price-today-gold-falls-according-to-fxstreet-data-202402090524

Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

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The price for 24-carat Gold decreased to PKR 212,726.83 per tola from PKR 212,973.49 per tola.

Unit measureGold Price
1 Gram18,238.20
10 Grams182,382.03
Tola212,726.83
Troy Ounce567,271.96
نویسنده: تیم تحریریه رضا خانتاراج