Gold prices reach at highest level in local markets

Increase in gold prices was recorded in local and international markets. Gold prices in Pakistan have reached at the highest level for the first time. Gold prices on Thursday surged to Rs 30,000 per 12 grams, up by Rs 650 whereas price of 10 grams rose to Rs 25, 714, up Rs 532 in the local market, traders said. In the world market, gold price increased by $27.5 per ounce to $983. Sources from local gold market said that gold prices in the country were increased due to surge in the international market.