Gold Prices Soar Globally, Reach New Heights in Local Markets
Gold and silver prices surged in both global and local markets on Tuesday, driven by an international bullion market increase. The price of gold rose by $24 per ounce to $4,373 per ounce internationally.
In Pakistan's domestic bullion markets, the price of gold climbed significantly due to the global trend. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the local price of gold increased by Rs2,400 per tola to Rs459,736.
The price of 10 grams of gold also rose by Rs2,058 to Rs394,149 in Pakistan's domestic market. Meanwhile, silver prices also saw an increase in the country, with a tola of silver costing Rs6,965, up from the previous day's price.