bcoz down fall the value of dollar and rising demand of gold jaweller.
Today Gold Rates In Pakistan Aug 2023
The correlation between the price of gold and interest rates can be a bit complicated. If there is a higher yield of gold in a year, the interest rates and price tend to lessen; the more gold there is, the easier it is to acquire. If other investments offer increasing returns, gold prices and rates will tend to lower.
Countries with increasing populations include Nigeria, India, Pakistan, and the Democratic Republic of the Congo. These countries have high birth rates and declining death rates, contributing to their population growth.
gold rate 2004
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11.66 gram in 1 tola gold in pakistan
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Gold rate is increasing day by day because most of the peoples are trying to invest on gold as jwels or mostly as gold biscuits. And also it seams the value of gold remains almost constant but the value of money seems to be decreasing.
As of the close of business on August 17, 2014, the price of gold was 128,186.45 rupees per ounce. The price of gold, as with any commodity, can change day to day and even several times during the same day depending on trading.
1985 gold rates