Gold Prices Surge Again as Gold and Silver Rates Jump in Global and Local Markets
In the international bullion market, the price of gold per ounce surged by $122, reaching $4,185 per ounce.
Following the rise in global prices, local bullion markets in Pakistan also saw a major increase. The price of one tola of gold jumped by Rs12,200, reaching Rs440,936.
Similarly, the price of 10 grams of gold increased by Rs10,459, taking it to Rs378,031.
Silver prices also moved upward alongside gold. The price of one tola of silver rose by Rs319, reaching Rs6,764, while 10 grams of silver increased by Rs274 to Rs5,799.
Market analysts say rising global demand, economic uncertainty, and fluctuations in international financial markets continue to drive precious metal prices higher.