Gold prices on Wednesday remain stable in the morning after a slight increase of 900 with total price per Tola reaching 481,186 rupees, while ten grams also increased by Rs 771 to Rs 413,118.
On Tuesday, for the second day in the international bullion market, the price of gold per ounce increased by another $9 to reach a new high of $4,595. Similarly, the price of silver per tola also increased by Rs 180 to a new high of Rs 9,075, while the price of silver per ten grams increased by Rs 154 to Rs 7,780.
The deterioration of the geopolitical situation has caused the prices of gold and silver to reach new historical highs at the global and local levels.
The US’s tensions with Venezuela and Iran, the echo of the US Federal Reserve’s further interest rate cut this year, and geopolitical tensions have caused the prices of gold and silver to reach new historical highs at the global and local levels.
Read also: Gold prices increase-check latest price here
