The price of gold has fallen by a considerable 100 Rupees in comparison to yesterday. This decrease signifies a downward trend in price which means that the economic conditions may be improving to some extent.
Date | Closing rate | Day High | Day Low |
25 May 2024 | Rs.240100 | Rs.240450 | Rs.239900 |
24 May 2024 | Rs.240400 | Rs.240750 | Rs.240200 |
23 May 2024 | Rs.240500 | Rs.240850 | Rs.240300 |
22 May 2024 | Rs.243200 | Rs.243550 | Rs.243000 |
The “day high” is representative of the highest price level reached each day and “day low” is the lowest it reaches on that day. Correspondingly these prices vary and are update throughout a day. Additionally these vary in different regions for example since Karachi is the hub of gold trading. The lowest overall price and lowest price level each day is in Karachi whereas highest is in Quetta. Other than this, these prices indefinitely change depending on the purity of gold i.e. 22K, 21K, 18K etc.