A major increase in gold prices in Pakistan and the global market, the price per tola has exceeded 429,000 rupees.
A significant increase in gold prices has been recorded in the global market, including Pakistan, after which gold has become more expensive in the local bullion market.
According to the All Pakistan Bullion Association, the price of 24-carat gold per tola increased by 4,700 rupees, after which gold per tola reached 429,236 rupees. Similarly, the price of 10 grams of gold increased by 4,029 rupees to 368,000 rupees.
On the other hand, an increase was also seen in the price of silver. Silver per tola became more expensive by 219 rupees to reach the level of 6,396 rupees.
Gold prices continued to rise in the global market, where gold was trading at $4,068 per ounce after increasing by $47.
According to experts, global economic uncertainty, investors’ tendency towards safe investments and increasing demand in the international market are the main reasons for the increase in gold prices, the effects of which are also being seen significantly in the local bullion market.
