Surge in global market reflects steep rise in local gold prices
Business
Surge in global market reflects steep rise in local gold prices
KARACHI (Dunya News – The global uptick in gold price has reverberated in Pakistan, causing as substantial surge in the precious metal’s value.
In the international market, the gold per ounce spiked by $29 to reach $2062.
Correspondingly, in Pakistan, the prices of gold per tola witnessed a remarkable increase of Rs2,600, with the cost per 10gms rising by 2,229.
Consequently, local exchange markets now depict gold prices at Rs2,21,000 per tola and Rs198,472 per 10grams.
Read also: Surge in global market reflects steep rise in local gold prices
This significant jump prompts attention to the evolving dynamics of the gold market, impacting both local and international economies.