Gold prices surge further in global and local markets
Business
Gold prices increased sharply in Pakistan following a rise in international bullion rates. The price of gold went up by $26 per ounce globally
KARACHI (Dunya News) – Due to an increase in gold prices in the international market, gold rates in Pakistan also moved up sharply on Monday.
According to the international bullion market, the price of gold increased by $26 per ounce, taking the global rate to $4,325 per ounce. Following the global trend, gold prices in the local market also recorded a notable increase.
In local bullion markets, the price of one tola gold rose by Rs2,600 to reach Rs454,862, while the price of 10 grams of gold increased by Rs2,229 to Rs389,970.
On the other hand, silver prices also witnessed an upward trend. The price of one tola silver went up by Rs68 to Rs6,532, while the price of 10 grams of silver increased by Rs59 to Rs5,600.
Traders said the rise in global gold prices has directly impacted local rates, pushing precious metal prices higher across the board.
