Gold prices recorded sharp increase in global and local markets, with increase of 10,800 rupees per Tola of 24 karats while the price of 10-gram gold recoded increase 389600 rupees in international market.
After the agreement between Iran and the United States, gold prices have recorded a significant increase in the global and local gold markets, due to which the precious metal has started touching new heights.
According to All Pakistan Sarafa Association, the price of 24-carat gold per tola in the country increased by 10,800 rupees, after which gold per tola reached 455,136 rupees. Similarly, the price of 10 grams of gold was recorded at 389,600 rupees after an increase of 9,720 rupees, which has once again attracted the attention of gold buyers and investors.
On the other hand, gold prices also witnessed a sharp rise in the international market, where gold rose by $108 per ounce to $4,327. Silver prices also recorded an increase. According to the Sarafa Association, silver per tola rose by Rs230 to Rs7,509.
According to experts, the volatility in global financial markets and international diplomatic developments have led to an increase in the trend of safe investment by investors, due to which gold prices are rising.
