The price of gold has virtually experienced a surge in recent years. After the price of gold passed the mark of 1,000 US dollars per ounce for the first time in March 2008, by the end of 2011 it.
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Rates in Pakistan. The price of gold is determined in London Bullion Market. From there, a sort of an informal gold rate is determined that is implied in the world market and also sets a standard for price determination of most of the gold products. Many other aspects also play an important role in the pricing of gold. If gold supply in the worldwide market is large then reasonable would be.
KARACHI: Domestic gold prices on Wednesday hit a new all time peak of Rs69,600 per tola and Rs59,671 per 10 grams, respectively, up by Rs1,100 and Rs943 from Tuesday.
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The gold rates in Pakistan vary according to the purity of its karats. In many European countries, the prices are determined according to the Millesimal fineness scale, which is getting in vogue as a new method of measuring the purity and prices of gold. For the latest updates about the prices of this valuable metal in the country, check out the details here.
Gold prices in Pakistan on August 9 surged by Rs 1,750 per 10 gms. In India, gold price for 10 gm is Rs 37,920 while in Pakistan, it has scaled to Rs 86,250 per 10 gms! Get more Personal Finance News and Business News on Zee Business.
The chart above shows the price of Gold in EUR per Troy Ounce for Last Week. You can access information on the Gold price in British Pounds (GBP), Euros (EUR) and US Dollars (USD) in a wide variety of time frames from live prices to all time history. The default representation of Gold price is usually in Troy Ounces, but above we give the option to show Grams and Kilograms as well. Bullion By.