Gold Rates Today 22 June: Gold Price in Pakistan Rises Sharply After 3-Day Decline

Gold rates in Pakistan witnessed a significant upward trend on 22 June, reversing a three-day declining streak in the local bullion market. Both local and international markets recorded strong gains in gold prices, impacting investors and buyers across the country.

Gold Price in Pakistan Today 22 June

The latest update shows that the price of 24 carat gold per tola rose significantly by Rs. 4,643, reaching Rs. 442,636.

Furthermore, the cost of 10 grams of gold increased by Rs. 4,179, bringing it to Rs. 378,345 in the local market.

Silver Price Also Increases

Alongside gold, silver prices also moved upward. The price of per tola silver increased by Rs. 189, reaching Rs. 7,151, reflecting broader bullish sentiment in the precious metals market.

International Gold Market Update

Gold prices also rose significantly in the global bullion market. Gold prices also saw a $46.43 ounce increase, bringing the value to $4,202, adding to the upward momentum in local prices.

Market Insights by Sarafa Association

The All Pakistan Sarafa Association (APSA) has been the latest to release gold rate updates across the country’s major trading centres, including Karachi.

Gold Rate Trend in Pakistan

However, the experts say that changes in global demand, currency fluctuations and investors’ uncertainty still affect gold prices in Pakistan. The recent rebound after three consecutive days of decline highlights the volatility in the precious metals market.