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Surge in global market reflects steep rise in local gold prices

Surge in global market reflects steep rise in local gold prices

KARACHI (Dunya News – The global uptick in gold price has reverberated in Pakistan, causing as substantial surge in the precious metal’s value.

In the international market, the gold per ounce spiked by $29 to reach $2062.

Correspondingly, in Pakistan, the prices of gold per tola witnessed a remarkable increase of Rs2,600, with the cost per 10gms rising by 2,229.

Consequently, local exchange markets now depict gold prices at Rs2,21,000 per tola and Rs198,472 per 10grams.

 Read also: Surge in global market reflects steep rise in local gold prices

This significant jump prompts attention to the evolving dynamics of the gold market, impacting both local and international economies.

 

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