Gold prices reach all-time high

Gold prices reach all-time high

Business

Per tola prices of gold increase by Rs.5000

KARACHI (Dunya News) –Following the upward trend of gold prices in international markets, the rates of gold increased in local markets as well. The recent few weeks have been observed to be unstable in terms of gold prices at international level, the trickledown effect of these disturbances in international markets led to varying prices of gold in Pakistani markets.

The per ounce price of gold in international markets rose by 12 dollar and reached up to $ 1836 which also induced a price rise in local gold markets. The per-tola prices increased by Rs.5000, whereas 10gm gold prices soared by Rs.4288 in the local gold markets.
After the international price hike, the new per-tola gold price stood at Rs.214500 and 10gm gold prices were observed to be at Rs.179612.

Moreover, the price of silver were also disturbed. Silver prices with a rise of Rs.100 is being traded at Rs.2450 per-tola which is also a historic high.