Gold Rate in Pakistan Today: June 26, 2023

Introduction:

The gold rate in Pakistan has been on the rise in recent months, due to a number of factors, including the global economic uncertainty and the depreciation of the Pakistani rupee. As of June 26, 2023, the price of 1 tola of gold in Pakistan is Rs. 215,100, while the price of 1 gram of gold is Rs. 18,390.

Body:

The gold rate in Pakistan is determined by a number of factors, including the global gold price, the supply and demand for gold in Pakistan, and the exchange rate between the Pakistani rupee and the US dollar. The global gold price is set by the London Bullion Market, and it is influenced by a number of factors, including the global economic outlook, the political climate, and the supply and demand for gold.

The supply and demand for gold in Pakistan is also affected by a number of factors, including the country’s economic performance, the wedding season, and the religious festivals. The exchange rate between the Pakistani rupee and the US dollar also plays a role in determining the gold rate in Pakistan, as gold is priced in US dollars.

Conclusion:

The gold rate in Pakistan is likely to remain volatile in the near future, due to the uncertain global economic outlook and the depreciation of the Pakistani rupee. However, gold is still considered to be a safe haven investment, and it is likely to continue to be in demand in Pakistan.

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