Gold prices climb in local market after global surge
Gold prices in the domestic market continued their upward trend on Tuesday, following a $15 increase in the international bullion market.
The global price of gold rose to $3,325 per ounce, which triggered a corresponding rise in local rates. According to market data, the price of 24-karat gold increased by Rs1,500 per tola, reaching Rs354,500.
Similarly, the price of 10-gram gold rose by Rs1,286 to settle at Rs303,926 in the local bullion markets.
The yellow metal had witnessed a decline a day earlier, falling by Rs2,500 per tola to settle at Rs353,000 on Monday.
On the other hand, silver prices remained unchanged. The rate of silver stood steady at Rs3,841 per tola and Rs3,293 per 10 grams.
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