Gold prices rise in global and local markets

(Web Desk): gold prices saw a significant increase in both international and local markets on Wednesday, reflecting growing demand for the precious metal.

According to the latest report, the price of gold per ounce in the international market rose by $5, reaching a new level of $2915. This upward trend in global gold prices had a direct impact on the local market.

As a result of the increase in the international market, the price of gold per tola in the country surged by Rs500, reaching Rs306,500. Similarly, the price of gold per 10 grams also saw a rise, climbing by Rs429 to reach Rs262,774.

The increase in gold prices is attributed to a range of global economic factors, including market fluctuations and rising investor interest in safe-haven assets. The ongoing trends in gold prices are expected to have a notable impact on both local buyers and investors.