India vs Pakistan Gold Price: A continuous rise is being seen in the prices of gold. In the Indian bullion market, 24 carat gold is being sold at the rate of Rs 1,24,260 (per 10 grams). Whereas in our neighboring country Pakistan, gold prices have broken records. According to Good Returns, on October 11, the price of 24 carat gold in Pakistan has reached 3,69,084 Pakistani rupees (per 10 grams). However, a decline of 2658 Pakistani rupees has been recorded in comparison to the previous day.
The price of gold in Pakistan is almost 3 times higher than that of India. That means if you buy gold in Pakistan, you will have to pay three times the money. In today’s news, know how much money you would have had to pay if you had bought gold in Pakistan.
gold price in pakistan
24 carat – 3,69,084 Pakistani rupees (per 10 grams)
22 carat – 3,38,327 Pakistani rupees (per 10 grams)
18 carat – 2,76,813 Pakistani rupees (per 10 grams)
Why are gold prices increasing in Pakistan?
There are many reasons behind the huge rise in gold prices in Pakistan. Pakistani rupee is continuously falling. Also, the inflation rate in the country has reached sky high. The condition of Pakistani rupee is bad compared to dollar. Globally, the dollar is used to trade gold. In such a situation, more money has to be paid in Pakistani rupees. Due to which gold has become far out of reach of common people in Pakistani market.
The wedding season has started in India as well as Pakistan. In such a situation, buying gold jewelery has become a dream for common Pakistani citizens. Besides, a huge increase in the prices of petrol, diesel and food items is also being seen in Pakistan.
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