Gold Rate In Pakistan Skyrocketed: 10 Grams Near 25,000: 22 May 09

Gold price in Pakistan has been increasing in the last few weeks.

I remember the rate of 10 grams of gold in Pakistan in the month of November/December 2008, when it was around Rs. 19,000/18,000.

On the other hand, in the month of February, 2009, this price crossed Rs. 25,000 multiple times. On 23^rd of February, 2009, the price of 10 grams of gold in Pakistan was over Rs. 25,500.

Yesterday, gold price reached approximately Rs. 24,500:

And today, gold price in USA has increased significantly and this will directly impact the gold prices in Pakistan.

At the very moment, gold market in USA is not closed. But seeing the current positive activity in gold prices in USA gold market, the price of gold in Pakistan is assumed to reach somewhere near Rs. 25,000 by tomorrow.

For anyone who has been waiting for a good time to sell his/her gold in Pakistan, tomorrow will be a good day for it. Or maybe one can wait little longer as gold prices can further increase.

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