Gold prices increase by Rs. 400 per troy ounce

Gold prices increase by Rs. 400 per troy ounce
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Summary International investors are interested in buying gold which has caused increase in the prices

KARACHI (Dunya News) – Increase in gold prices have been observed on Wednesday they increased by Rs 400 in local and by $18 in the international market, reported Dunya News.

After international market, the local market also increased the price of gold in just a single day. With an increase of Rs 400, new price of gold is now Rs 49,550 per troy ounce, while 10 grams of gold has reached a price of Rs 42,471 with an increase of Rs 343.

On the other hand, gold prices have escalated to $1235 per ounce with an increase of $18 in international market. Experts believe that international investors are more interested in buying gold which has caused a rising trend in the prices.