Karachi (HRNW)- The price of gold and silver has increased in both the global and local markets.
According to market reports, the international bullion market witnessed a significant rise in gold prices on Monday, with the global gold price increasing to $4,202 per ounce.
Reflecting the international trend, local bullion markets also recorded a sharp increase. The price of gold per tola surged by Rs4,643, reaching Rs442,636, while the price of 10 grams of gold increased by Rs4,179 to Rs378,345.
Similarly, silver prices also moved upward. In the international market, the price of silver per ounce rose by $1.89 to $66.71. As a result, the local market price of silver per tola increased by Rs189 to Rs7,151, while the price of 10 grams of silver climbed by Rs170 to Rs6,079.
Market analysts attribute the rise in precious metal prices to increased global demand and fluctuations in international financial markets.
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