Global gold price rises, local market also sees big gains
Published 7 hours ago | By Pak24tv
The price of gold per ounce increased by $39 in the international bullion market on Monday, after which the new global price reached $4,532 per ounce.
The effects of the increase at the global level were also immediately seen in the local market, where the price of gold per tola increased by Rs3,900 to Rs475,962. Similarly, gold per 10 grams increased by Rs3,343 to Rs488,060.
On the other hand, the price of silver was also recorded as an increase. Silver per ounce in the global market reached $70.40, while at the local level, silver per tola increased by Rs70 to Rs7,524 and per 10 grams to Rs6,450.
According to experts, the rising prices of precious metals in the global market may continue to trend bullish in the local bullion markets as well.