A decline has been recorded in gold prices across both global and local markets, while in contrast, silver prices have shown a noticeable increase, reflecting mixed trends in the precious metals market.
In the international bullion market, the price of gold fell by 15 dollars per ounce today, bringing it down to 5,082 dollars per ounce. The impact of this global decline was also clearly reflected in the local market, where the price of gold per tola dropped by 1,500 rupees to settle at 530,562 rupees.
Similarly, the price of 10 grams of gold in the local market decreased by 1,286 rupees, after which the new price was fixed at 454,871 rupees.
On the other hand, silver prices moved upward, with the price per tola increasing by 212 rupees to reach a new level of 11,640 rupees. Likewise, the price of 10 grams of silver rose by 182 rupees, bringing it to 9,979 rupees.
It is worth recalling that a day earlier, the international market witnessed an unusual surge in gold prices, when gold jumped by 109 dollars per ounce to reach a new high of 5,097 dollars. This sharp rise had also pushed gold prices higher in the local market.
Yesterday, the local price of gold per tola increased sharply by 10,900 rupees, reaching 532,062 rupees, while the price of 10 grams of gold rose by 9,345 rupees to close at 456,157 rupees.
Similarly, a significant increase was also recorded in silver prices a day earlier, when the price per tola climbed by 537 rupees to reach 11,428 rupees.
