Gold prices soar in local and international markets
Business
Price of gold soared by $ 7 in international markets, reaches up to $ 1957 per ounce
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 seven dollar and reached up to $ 1957 which also induced a price rise in local gold markets. The per-tola prices increased by Rs.1000, whereas 10gm gold prices soared by Rs.857 in the local gold markets.
After the international price hike, the per-tola gold price stood at Rs.205600 and 10gm gold prices were observed to be at Rs.176268. However, the price of silver remained stable at Rs.2250 per-tola and Rs.1929 for 10gm silver.
