Following a dip in gold prices a day earlier, the prices of precious metal surged in global and local markets on Wednesday, Express News reported.
The international bullion market witnessed a $10 increase in gold prices, pushing the per-ounce rate to $2,647 on Wednesday. This uptick also affected the local jewellery market in Pakistan, where 24-karat gold prices saw a significant rise.
In Pakistan, the price of gold per tola increased by Rs1,000, reaching Rs275,900, while the price per 10 grams climbed by Rs858 to Rs236,540.
Meanwhile, silver prices remained stable in the local market. Per tola silver was priced at Rs3,400, and 10-gram silver maintained its rate of Rs2,914.95 without any change.
The fluctuation in gold prices reflects ongoing trends in the global market, impacting local rates accordingly.
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