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Gold prices rise in local and global markets

Gold prices increased in the local market on Monday, with the price of 24-karat gold per tola rising by Rs900 to Rs477,162 compared to Rs476,262 in the previous session, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association.

Image: Dunya News

Similarly, the price of 10 grams of 24-karat gold increased by Rs772 to Rs409,089, while 10 grams of 22-karat gold rose by Rs707 to Rs375,011.

In the international market, gold gained $9 per ounce, reaching $4,548 compared to the previous rate of $4,539.

Silver prices also recorded an increase, with per tola silver rising by Rs26 to Rs8,099 and 10 grams gaining Rs22 to Rs6,943.

In global trading, silver increased by $0.26 to $76.15 per ounce.

Market analysts said the movement reflected continued volatility in precious metals, driven by shifting global economic conditions and investor sentiment.

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