Gold Prices Continue Their Upward Trend

Gold in Pakistan has climbed by Rs8,300 per tola in just five days. The price of 24-karat gold moved from Rs453,700 on August 16 to Rs462,000 on August 20, according to rates from the Karachi Sarafa Bazar.

Gold Price Movement Over 5 Days

Date 24K Gold (Per Tola)
August 16 Rs. 453,700
August 17 Rs. 453,700
August 18 Rs. 455,800
August 19 Rs. 461,500
August 20 Rs. 462,000

Why Gold Keeps Rising

Pakistan imports nearly all of its gold, so the local rate tracks two things closely: the international spot price and the rupee-dollar exchange rate. When either one moves, the Sarafa Bazar rate tends to follow within hours rather than days, which explains why the price can shift this much over a short stretch like the past five days.

Shoaib Nasir

Shoaib Nasir is a content writer and author at PakBiz.com. He covers business, finance, and market news, along with auto, tech, and government scheme updates for readers in Pakistan. His news pieces track things people check often, like gold prices, prize bond results, fuel and car prices, new phone launches, and export numbers. Alongside this, he writes step-by-step guides on topics like checking a utility bill, or checking a BISP payment status. Shoaib writes to help readers get a clear answer fast, backed by real numbers and official sources, not guesswork.

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