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Today Internationally And Domestically Gold Prices In Pakistan

Internationally Today Gold prices firmed up above $1,660 an ounce on Thursday, hovering near the highest levels in two weeks, as the dollar and Treasury yields retreated sharply on growing expectations that the US Federal Reserve would slow the pace of rate hikes later in the year.

The Fed is widely expected to deliver its fourth straight 75 basis point rate increase in November, though markets started to speculate that it would turn less aggressive in December amid concerns about overtightening.

Soft US data this week supported such a stance, signaling that tighter financial conditions are already having an impact on the economy.

Meanwhile, investors remained cautious about upside risks to inflation that could drive another rally in the dollar and Treasury yields. IMF Managing Director Kristalina Gerogieva also called on central banks to keep raising interest rates further to fight inflation until they hit a “neutral” level.

Domestically Gold prices keep on changing daily in Pakistan As per International Prices, and the 24K per tola gold rate in Pakistan today is 137,200. Likewise, 24K per 10 grams gold rate in Pakistan today is 117,600.

Gold Rate 24k Gold 22k Gold
Per Tola Gold Rs 137,200 Rs 125,726
Per 10 Gram Gold Rs 117,600 Rs 107,799
Per Gram Gold Rs 11,760 Rs 10,780

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