Gold prices in the global market have decreased for the second consecutive day, while local prices have risen once again.
On Friday, the international bullion market saw a $12 drop per ounce, bringing the global price to $2,492 per ounce. However, in the local market, the price of 24-carat gold increased by Rs. 200 per tola, reaching Rs. 262,000. Similarly, the price of 10 grams of gold rose by Rs. 172, now standing at Rs. 224,623.
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In contrast to the rising gold prices, silver remained stable, with one tola of silver priced at Rs. 2,950 and 10 grams at Rs. 2,529.14. It’s worth noting that just a day earlier, the global market experienced an $8 drop in the price of gold per ounce, while local gold prices saw a significant increase of Rs. 800 per tola and Rs. 686 per 10 grams.
