KARACHI: After a continuous decline for five days, gold prices in the country recorded an increase today.According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-carat per tola gold increased by Rs 1,400 to reach Rs 423,436.
The price of 10 grams of gold also increased by Rs 1,201 to Rs 363,028.On the other hand, silver prices in the country also saw an increase. The price of per tola silver rose by Rs 20 to Rs 5,878.In the international market, gold prices also recorded a bullish trend, where per ounce gold increased by $14 to reach $4,009. With this increase, the price of gold in the global market has regained the important level of $4,000.
It is worth noting that before the recent increase, gold prices in both local and international markets had recorded a decline for five consecutive days, however today’s surge has pushed gold prices back upward.
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