Gold prices soar in both international and local markets

Gold prices soar in both international and local markets

Business

The per-tola prices increased by Rs.1350 in local markets

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

The per ounce price of gold in international markets hiked by 26 dollars and reached up to $2000 which also induced a price rise in local gold markets. The per-tola prices increased by Rs.1350, whereas 10gm gold prices jumped by Rs.1157 in the local gold markets.

After the international price increased, the new per-tola gold price stood at Rs.218200 and 10gm gold prices were observed to be at Rs.187071.

On the other hand, per-tola silver prices remained stable at Rs.2350 without any fluctuation.