Gold price jumped again at the local level after increase in the global marke up to 7000 per Tola.
The price of gold in the local bullion market has increased once again after a one-day decline, while the price of silver has been recorded as decreasing.
According to the All Pakistan Bullion Gems and Jewelers Association, the price of gold per tola in the country has increased by Rs 7,000, after which the new price has become Rs 526,962. Similarly, the price of 10 grams of gold has increased by Rs 6,01 and reached Rs 451,784.
On the other hand, a decrease in the price of silver has been seen in the local market. Silver per tola has become cheaper by Rs 105 to Rs 8,219.
A significant increase in the price of gold was also recorded in the global market, where gold per ounce has become more expensive by $ 70 and reached $ 5,042.
According to experts, the effects of price fluctuations in the global market are having a direct impact on the local market, causing concern among investors and buyers.
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