Historical increase in gold prices in local and global markets, gold reaches Rs 521,162 per tola
According to the details, gold and silver prices have increased to a record level in the global and local markets, which has created a stir in the investors and the bullion market. The price of gold per ounce at the global level has reached $ 4,988 after an increase of $ 65, which is close to $ 5,000 for the first time in history.
According to the All Pakistan Bullion Gems and Jewelers Association, the price of 24-carat gold per tola has increased by Rs 6,500 and it has reached a record level of Rs 521,162. Ten grams of gold prices have also reached a record high of Rs 446,812 after an increase of Rs 5,583.
Silver prices have also recorded a historic increase, under which silver per tola has increased by Rs 526 to reach a high of Rs 10,801.
These increases in gold and silver prices are due to investment in the global market, purchases by central banks, geopolitical tensions and financial uncertainty. According to experts, investors are turning to gold and silver as a safe investment in uncertain global conditions, which is increasing prices.
Traders in the bullion market say that gold prices are likely to continue to rise this week and consumers have been instructed to be cautious in buying and selling.
