Karachi (HRNW)- Rising tensions in the Middle East due to the Iran-US conflict have led to a resurgence in gold prices after a four-day decline in both the global and local bullion markets.
As the price of gold per ounce in the international bullion market increased by $36 to $4,113 on Thursday, the price of gold per tola in Pakistan’s local bullion markets also rose by Rs3,600 to Rs433,836.
Similarly, the price of gold per 10 grams increased by Rs3,086 to Rs371,944 in the local market.
In contrast, the price of silver remained stable. The international silver price stayed unchanged at $59.42 per ounce, while the local price of silver per tola remained Rs6,421 and the price per 10 grams stayed at Rs5,504.
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