Gold prices have decreased in both international and local markets.
In the international bullion market, the price of gold per ounce fell by $9, bringing the new global price to $2,739.
Meanwhile, in local jewelry markets, the price of 24-carat gold per tola dropped by Rs900, resulting in a new price of Rs283,400.
Additionally, the price of gold per 10 grams decreased by Rs771, setting the new price at Rs242,970.
Earlier the price per tola of 24-carat gold rose by Rs2,000, reaching Rs284,300 in local markets.
Similarly, the price of 10-gram gold increased by Rs1,714, bringing it to Rs243,741.
This price hike followed a $22 rise in the international bullion market, where gold reached $2,748 per ounce, impacting local rates.
On the other hand, the Pakistan Stock Exchange (PSX) has maintained its upward momentum, with the KSE-100 index hitting a new all-time high of 90,871 points during intra-day trading.
The bullish trend from the previous week carried over into the first business day of this week, as trading began with a surge of 646 points, pushing the KSE-100 index to 90,640 points.
This positive momentum continued, allowing the index to ultimately peak at 90,871 points, marking a total gain of 877 points.
Additionally, the Pakistan Stock Exchange experienced significant gains last week, surpassing 89,000 points and achieving the new milestone of 90,000 points.
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